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Mortgage stress rising as loan burden grows

HOUSEHOLDS experiencing severe mortgage stress have risen in February and 40% of first home buyers who entered the market are experiencing some degree of stress, according to Fujitsu Australia.

Property experts form advisory firm

CRAIG Dunstan, the founder of MacarthurCook has teamed up with Stephen Hawkins, the former head of funds manager at the Goodman Group, to form a new corporate advisory business....
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NZ house prices stabilising

RESIDENTIAL property prices have stabilised rising 5.5% over the 12 months period to February, according to QV Valuations....
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RBNZ leaves rates unchanged

THE Reserve Bank of New Zealand has left interest rates unchanged at 2.5%....
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Apartment with a view

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AN off the plan apartment buyer has successfully sued a developer over a broken promise to provide “ocean view” from her unit rather than just “glimpses”.
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Desane buoyed by new leases

DESANE has signed four new long term leases valued at $5 million at its Lane Cove West industrial precinct.
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Alamanda wins UDIA award

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VILLAWOOD Properties and ISPT residential estate Alamanda has won the 2010 Urban Development Institute of Australia ‘Residential Development’ award.
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Docklands & Southbank will be star performers

MELBOURNE’S Docklands and Southbank office markets will continue to be the star performers, according to Savills Australia’s Tony Crabb who is speaking at the API/REIV breakfast this morning.
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