Currently: 1,043,121 Listings of Properties for Sale

Australians Out Buying Investment Real Estate

Australians Out Buying Investment Real Estate

Australians Out Buying Investment Real Estate

By: Nick Marr -  Category: Australia - Added: 2012-06-05


Over recent month there have been many gloomy reports on the state of the property market in Australia.  Managing director of Australia’s Housing Industry Association (HIA), Shane Goodwin, recently said: “New home building has collapsed.  We’re on the brink of recession … the worst conditions in decades.”

However, a leading Australian expert believes that the property market in the country remains good in many areas.  Keep reading to learn more about why Terry Ryder believes the housing market in Australia is ‘talking itself into a recession’.

Government should highlight property good news stories

Terry Ryder, a leading Australian property expert, believes that negative comments from bodies such as the HIA are only succeeding in having an adverse effect on the country’s property market.

He told Property Observer: “We have an affordability crisis, a housing shortage crisis, a red tape crisis, a taxation crisis – the HIA has talked down its own industry day after day. Even positive data has been twisted into a tale of pessimism.

“Australians are out there buying homes and investment properties again – and markets are rising. But they’re not building new homes, they’re buying existing ones. Why would anyone want to build when the HIA keeps telling them the industry is stuffed and their products are too expensive?”

Mr Ryder believes there are plenty of great reasons to buy property in Australia and that official bodies and the government should share good news stories rather than ‘doom and gloom’.

Mr Ryder added: “They [the HIA] should be selling the benefits of building new homes. They should be highlighting the areas in Australia where the economy is strong and business is good.”

The expert highlights locations such as New South Wales’ beautiful Hunter Valley, Ballarat in Victoria and Gladstone and Toowomba in Queensland.

Mr Ryder concluded: “There are good news stories out there, if the industry only had the wit to tell them.”


Selling Australian Real Estate

Need international exposure for Australian real estate? Homesgofast.com can help : Sell Property Australia

"Holiday apathy" hurting house prices
By:  -  Category: United Kingdom - Added: 2014-09-01
All new London homes for London residents
By:  -  Category: United Kingdom - Added: 2014-08-28
Canadians clamouring to sell US property
By:  -  Category: United States - Added: 2014-08-27
UK housing supply keeps price growth in check
By:  -  Category: United Kingdom - Added: 2014-08-21
First time buyers drive housing activity
By:  -  Category: United Kingdom - Added: 2014-08-19
Want to sell your home by Christmas? Start now
By:  -  Category: United Kingdom - Added: 2014-08-06
UK homes sell 16 days faster
By:  -  Category: United Kingdom - Added: 2014-07-31
Now is the time to sell UK property
By:  -  Category: United Kingdom - Added: 2014-07-28
Sales of UK property are slowing down
By:  -  Category: United Kingdom - Added: 2014-07-23
Viewings of London property up 10pc
By:  -  Category: United Kingdom - Added: 2014-07-21
Cambridge: The fastest selling place in Britain
By:  -  Category: United Kingdom - Added: 2014-07-18
Does love at first viewing exist?
By:  -  Category: United Kingdom - Added: 2014-07-16
Sales of property in Canada up by four-year high
By:  -  Category: Canada - Added: 2014-07-07
Price must be right for London property to sell
By:  -  Category: United Kingdom - Added: 2014-07-04
Pending and existing home sales up in USA
By:  -  Category: United States - Added: 2014-07-02