Home- buyers play a big role in the market. Because the house prices increase, number of homebuyers is likely proportion of the total borrowers. Will home-buyers return to the market? Will house prices hinder to them?

 

According to the Leading Economist Mr. Saul Eslake, “Controversial first home-buyer grants and the tax concessions commonly referred to as “negative gearing” have fuelled housing prices and forced young buyers to the sideline.” As property prices increase, first home-buyers struggle to penetrate the market because of the ongoing competition from the investors. But in the overall outlook, it is still strong and encouraging and this is a good time to buy. Interest rate is slowing down and consumer confidence is also sliding. But we still hope that RBA will increase the rates.

http://www.perthnow.com.au/realestate/market-tough-for-firsthome-buyers/story-fnhlgp12-1226807970283


Tags: home buyers

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According to RP Data Cameron Kusher, “2013 may have seen the best of the gains for theses three cities. Across Sydney, we’re seeing values up 10.95 from their previous peak and in Perth we’re seeing that values are up 3.6% from their peak.” Despite of the economic uncertainty, the housing market is set for a solid 2014. Perth, Sydney and Melbourne are capital cities to have a solid growth and likely to drive a median house price increase. 2014 will continue to see capital growth in the housing market. Considering the factors that are influencing the house price, Australian home prices are rising strongly. Perth’s growth prospects for 2014 will soar in 2014 since Perth had strong annual returns for investors.

http://au.news.yahoo.com/a/20572075/home-prices-post-biggest-annual-rise-in-four-years/


Tags: house prices

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According to Alan Kohler, “The Australian dollar should continue to fall and the property market continue to boom, but it won’t be business as usual for the global economy if it finally succumbs to deflation.” Based on the statement by Alan Kohler, Would it be a year of deflation? Will Australian dollar keep to boom or to bubble?

 

Many of the Economists expected that housing prices will continue to rise because across to all the capital cities increases by 7.2%. Nowadays, Australian house prices are too high for the first home buyers and it clearly see that prices will continue to grow. In 2014, housing demand is increasing because it driven by rapid population growth, low interest rates and low of housing supply. Is it risky for the housing market?

http://www.abc.net.au/news/2014-01-15/kohler-2014-may-be-the-year-of-deflation/5200566


Tags: house prices

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Based on the Demographia’s 10th Annual Survey of house prices-this one covering 360 cities in nine countries-“Australia imperiously blitzing all opposition other then Hongkong in house prices.” Nowadays, Australia house prices are even higher than these of Singapore. In Sydney a standard “22square” costs $130,000 and median price of a house is $723,000 and in Melbourne it approaches $600,000. Australia leads the world of having an expensive house prices. Across in all capital cities in Australia was increase and of course Investors interest are rising in housing market. If that will continue to happen, housing price bubble.

 

 http://catallaxyfiles.com/2014/01/20/australia-the-world-leader-in-excessive-house-prices/


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House prices keep increasing and many cannot afford to buy. Property market are still struggling yo cope up the house price to stop soaring. Many factors are affected and influence the house prices. But whom we shall to lay the blame?

According to the Commonwealth Bank of Australia’s Chief Economist, Michael Blythe, “We should be laying the blame squarely at the door of central banks for policies.” Low interest rate, unemployment increase, population growth and limited housing supply are factors allegedly driven why the house prices continue to soar. Despite of the price increase, Australia’s housing market is up swinging but not bubble market. If those factors will continue then we will expect that house prices will continue to increase also.

http://www.theguardian.com/world/2014/jan/15/whos-to-blame-soaring-house-prices


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According to the Commonwealth Bank Chief Economist Michael Blythe, “The figures from the Australian Bureau of Statistics (ABS) published on Monday meant the Reserve bank would not cut he ash rate during this cycle.” Since interest rate is stagnant, probably house prices continue to rise. But still there is hope that within 2014, interest rate may cut and if that will happen, it will expect to weaken the Australian dollar. RBA considers a lot of factors before cutting rates. Although, housing markets was doing well and it was strengthening but unemployment would continue to rise. We are still optimist about the possible interest rate cut soon.

http://www.theguardian.com/world/2014/jan/13/interest-rates-cut-unlikely-economists-say-as-data-shows-rise-in-home-loans

 


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According to the Director at LPSOS, Rebecca Huntley, “Even though as homeowners older generations tend to be benefit from rising problems, parents are really worried about their kids’ capacity to enter the housing market.” Of course every family wants to have their own houses. But how can we achieve that if the price is too expensive. Investors should think that rising of house prices are good to the market but for the consumers, it is bad for the country. Time goes by, house prices continue to rise, so people are hardly get their dream houses that they wanted especially the low income earners. Most people are renting because they cannot afford to buy a house. If that so, many are renting than buying a house if the house price will continue to increase.

http://www.perthnow.com.au/money/most-australians-disagree-rising-house-prices-are-a-good-thing/story-fnhld3ta-1226799251099 


Tags: house prices

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Perth Property Market was top performer last 2013. Because of the low interest rate and high consumer confidence, Perth property market was performed well. Will it continue to set the record this 2014?

According to RP Data Research Analyst Cameron Kusher, “Perth property market would enter 2014 with strong momentum. House price rises, broader economy and mining investors are the key factors why still Perth property market becomes stronger every year. We anticipated also the rental become flat.  Probably, many investors would preferably invest properties in buying property for rent.

http://www.perthnow.com.au/realestate/news/perth-a-top-property-performer-in-2013/story-fnhlgriw-1226793323529


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According to RP Data-Rismark, “Home values across capital cities rose 9.8% over the 12 months to December 31, 2013.” It is clear that 10% of the house prices increase. RBA’s decision to remain the interest rate is 25 basis points triggered the boom. More expensive market, more consumer confidence and higher prices of all properties are factors why the market recovers so fast. Will RBA’s decision remains the same? Will interest rate become steadier? Will 2014 be a better year for housing marker?

http://www.afrsmartinvestor.com.au/p/property/no_sign_of_housing_slowdown_xyrGC74IWuP5F600xzrL0K

 


Tags: 2014

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According to the RP Data-Rismark, “Across Australia’s capital cities, there was a 1.45 rise in December and a 2.8% rise in dwelling values over the final quarter.” We expected that we will have a positive outlook in 2014 because last December we had 9.8% increase. Although, home values have been strong last 2013, we still pursue what we are aiming for the housing market. We cannot anticipate that, this 2014 will still the same, sometimes it will be fluctuated. We cannot depend on the data at the moment but nevertheless, it shows a positive result and it brings more confidence to the investors.

http://www.apimagazine.com.au/api-online/news/2013/12/australian-house-prices-continue-to-rise

 


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According to a report by Australia property Monitors (APM), “Perth is expected to see a 5 to 7 percent rise in property prices next year.” Despite of the low level of property market last September, Perth still going to continue rising. Although, Perth property market experienced the flattening but we have so many factors that dwells the strength of local economy. House median prices reach at $535,000. Consumer confidence is increasing and still we have forecasted to have a positive market. Having a low interest rates at the moment really helps the market to grow. Perth still remains the strongest performances next year 2014 among the capital cities.

http://www.handlepg.com.au/news/perth-property-market-to-grow-in-2014/


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