Sell with Confidence
Read More
News

Opportunities for Surfers Paradise Property as New Home Lending Increases

By Andrew Bell

The Housing Industry Association (HIA) has highlighted the growing rate of new home lending that occurred during January 2014, which could be great news for those interested in Surfers paradise property

Home loans for owner occupiers of new properties rose to the highest point in four years during January, with the number of loans for construction of new dwellings increasing by 5.8 per cent. Furthermore, the number of loans for established new homes eased by 1 per cent, which shouldn't be cause for alarm following the strength of the market over the last few months. 

HIA Economist Diwa Hopkins said these conditions were a sign of the returning strength to the construction industry across the nation. 

"The overall January result is a promising signal that recently improved conditions in the residential construction sector will continue into 2014. There are also some important signs emerging from the state by state breakdown of new home lending," said Ms Hopkins in a March 12 statement. 

For example, the rising status of Queensland and South Australia for construction home loans means a number of potential opportunities for those looking for real estate in Surfers Paradise

Up to Date

Latest News

  • Andrew Bell Market Wrap: Queensland wins in other ways

    Issue 14 | Thursday 15 July 2021 | Queensland wins in other ways Hi, Andrew Bell here with you and as we are now into the new financial year lots of stats and figures will undoubtedly come out shortly. One stat I thought you might find of interest … Read more

    Read Full Post

  • The RWSP Group presents the Spring Selection 2021

    Get set for a Blooming Spring. An amazing opportunity is upon us for anyone thinking of selling their Gold Coast property. It’s common knowledge that spring is an amazing selling season right around Australia. Many see winter as somewhat of a hibernation period, but during spring, buyers come out in … Read more

    Read Full Post