Interest rate cuts boost new home sales in Australia

  • Thread starter Nicholas Wallwork
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Nicholas Wallwork

Nicholas Wallwork

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The first interest rate cut in two and a half years has had an immediate impact with sales of new homes jumping 6.8%. The latest New Home Sales report from the Housing Industry Association based on a survey of Australia’s 100 largest builders, shows a significant bounce for sales in November 2011. Total seasonally adjusted [...]

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M

mattio

New Member
Thanks for sharing the article. I absolutely agree that the government needs to continue giving tax break to prospective home buyers. It will definitely help the market to recover and attract more buyers.
 
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