Luxury development The Residence sets record for most expensive single apartment

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AMP Capital through its Select Property Portfolio No.3, and the Galileo Group today announced the Sulman Penthouse, in the exclusive The Residence Hyde Park, had sold for $17 million to

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CommSec: extended retail slump; building approvals rebound

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Building Approvals; Retail trade Council approvals to build new homes rose by 9.1 per cent in March after sliding by a revised 5.3 per cent in the prior month. In

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Investor Signposts: Week Beginning March 27 2011

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The big picture There is an old adage in economics – there are lies, damned lies and statistics. And when it comes to the issue of housing valuations and affordability,

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House prices slide to near 2-year lows

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House Prices Capital city home prices were unchanged in seasonally adjusted terms in February after a 1.5 per cent slide in the prior month according to the RP Data-Rismark Hedonic

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China tightens again to stem inflation

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Chinese economic data Chinese consumer prices rose at a 5.1 per cent annual pace in November – the fastest pace in over two years but driven by higher food prices.

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Dwelling approvals rebound, Credit sluggish

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Latest economic data New dwelling approvals rose for the first time in seven months – up 9.3 per cent in October. The RP Data-Rismark Hedonic Australian Home Value Index –

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Australian housing – is it a bubble? What’s the risk?

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Key points Australian housing is not in a bubble but it is very overvalued, and combined with high debt levels leaves Australian households vulnerable should anything significantly threaten house prices.

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Investor Signposts: Week Beginning November 28 2010

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The big picture There’s no doubt that researchers have it easy nowadays compared with their predecessors even just a decade ago. There is just so much information freely available. And

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Tame inflation; Manufacturing orders sink

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Inflation gauge; Weekly Petrol Price, PMI, House Price Index The TD Securities-Melbourne Institute monthly inflation gauge rose by 0.3 per cent in October after lifting 0.1 per cent in September,

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More than 50% of investors intend returning to commercial property investment, says Charter Hall survey

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Most investors intend to increase their exposures to listed and unlisted property over the next year, and will invest sizable sums, according to the findings of a new Charter Hall

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