09 October 2008
SYDNEY HOUSE PRICES WILL THEY DROP?
  SYDNEY is unlikely to experience the house price collapses affecting other international cities but the least expensive suburbs will outperform the top ones this year, says Shane Lee, the director of economic and market analysis at Citigroup. "The credit crunch is having a significant impact on the Australian financial services sector which is now in recession. This poor performa...

14 August 2008
RECORD HIGH MORTGAGE DEFAULTS WILL ADD TO NSW RENTAL CRISIS
Released 14 August 2008  There appears to be almost no relief in the NSW rental market and the future is set to become worse with record numbers of people in NSW defaulting on their mortgages.   The latest July statistics released by the Real Estate Institute of New South Wales show rental vacancies improved by just 0.1% in Sydney, however the outlook remains grim. ...

08 August 2008
Homebuyers sit on the market sidelines
MORE prospective homebuyers are holding off buying homes and flats in response to 12-year high interest rates and the hint of the first "buyers' market'' in many years. Evidence of more picky homebuyers comes as a US demographer found Australian capital cities, including Melbourne, were among the world's most unaffordable. Sydney topped the list as the world's most unaffordable city. But...

31 July 2008
First Steps Of Rental Recovery -
Released 31 July 2008  REINSW has congratulated the Iemma Government on finally admitting there is a rental crisis in NSW.   “After years of pretending otherwise, it is great to see the State Government finally admit that there is an elephant in the room”, said REINSW President Steve Martin. “Unfortunately the Premier’s proposal to fix the ...