AFTER A RECORD BREAKING RUN OF SALES IN 2013, THERE WAS A SLIGHT DECLINE IN LOT SALES THIS QUARTER ACCORDING TO UDIA’S URBAN DEVELOPMENT INDEX, A SURVEY OF THE THIRTY LARGEST LAND DEVELOPERS IN WESTERN AUSTRALIA. WITH STOCK IN DECEMBER REACHING CONCERNING LEVELS THE FALL IN SALES IS NOT SURPRISING. HERE IS A QUICK SNAPSHOT […]
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IN AN ADDRESS ON THE 13TH FEBRUARY THE GOVERNOR OF THE RESERVE BANK OF AUSTRALIA SAID THAT “IN A COUNTRY WITH THIS MUCH LAND, IT OUGHT TO BE CHEAP TO GET A ROOF OVER YOUR HEAD.” INDEED LAND SUPPLY IS A MAJOR ISSUE, GETTING DEVELOPMENT SITES AT A PRICE THAT DELIVERS VALUE FOR MONEY OUTCOMES […]
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Business News Industry leaders are forecasting a return to equilibrium for WA, as population growth continues and the pipeline of supply gets built out. Speaking at an Urban Development Institute of Australia WA event today, Real Estate Institute of WA chief executive Cath Hart said Western Australians were more equipped to weather interest rate spikes than other states. “WA […]
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