SUBSCRIBERS
Slowest growth rate for Australian home prices since 2013
Published Tue, Dec 13, 2016 · 09:50 PM
Sydney
AUSTRALIAN home prices grew at the slowest pace in over three years in the last quarter amid tougher rules on investment lending and economic hardship in mining states, a cooling that could reduce hurdles to a further cut in interest rates.
An easing might be needed if business conditions continue to soften at the pace suggested by the National Australia Bank's (NAB) latest survey of 500 firms.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
US renters seeing chance of owning a home at record low: NY Fed survey
Shenzhen eases home buying to revive sales in China tech hub
Far East Orchard looks to sell Rendezvous Hotel Perth Central for A$18.5 million
Lendlease Global Reit’s committed portfolio occupancy rises to 88.8% in Q3
No bids for Pine Grove’s mega en bloc sale at S$1.95 billion price
China home sales slump 47% over May Day holiday vs 2023