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The NSW Property Market

Dr Andrew Wilson, the Senior Economist at Australian Property Monitors presented at the Smartline Professional Development Day recently. This is a summary of their view of the NSW market.

The slowing market is primarily because of restricted bank lending practices.

Sydney’s residential market is growing, with consumer confidence increasing, and unemployment …

CommBank Property Guide iPhone app

Commonwealth Bank is leveraging new technology to help Australians make an informed decision when it comes to making their biggest financial commitment.
With the CommBank Property Guide iPhone application (app) anyone buying or selling a property or looking to keep on top of the property market can find out …

Interest rates tipped to stay on hold

Borrowers are likely to avoid an interest rate rise for at least another month.

In a survey of economists conducted by AAP, all 11 expected the Reserve Bank of Australia would leave the cash rate at 4.5 per cent for a third straight month at Tuesday’s board meeting.

Meanwhile, the economists spoken …

Finally some action on housing affordability.

Just as NSW housing construction rates have been on the slide for seven years, our population has been booming. 

Fortunately the pressure on housing prices has been relieved by high levels of people leaving NSW for the “lesser” states. However, interstate house values are approaching parity with NSW so there is …

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Erina NSW 2250

Phone: 02 4367 4116
Mobile: 0414 445 146
Fax: 02 4367 5116
E-Mail: mconnors@smartline.com.au
Website: www.smartline.com.au/mconnors

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