Homes best for capital growth this year FHB 22% of the market

[kincella]

Rate cuts have helped stem the decline in house prices, but increased yields for rent, and FHB represent 22% of real estate transactions, the average home is best for capital growth this year.

http://www.watoday.com.au/wa-news/perth-rental-yields-surge-as-prices-fall-20081231-77vd.html

[kincella]

I copied this from 2bad4u...post on the asf site...as a quick view for you while you are on hols


And activity has returned to the bottom end of the market .... see below

And before you say, "but they're agents they would say that". Here is the supporting data....see below

"The Office of State Revenue would not release data on the number of applications pending but did confirm that there had been a heightened level of telephone inquiry from prospective first-homebuyers since the Commonwealth funding boost was announced."

With more homes selling at the bottom end of the market, the median house price will come down but this doesn't mean prices are falling.
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here are the links
http://www.thewest.com.au/default.aspx?MenuID=440&ContentID=113511
http://www.thewest.com.au/default.aspx?MenuID=440&ContentID=113512

[2BAD4U]

Cheers kincella.

Was coming over here to post those links after I had my fun poking some bears.

Also want to add, that I am now starting to see more properties in WA (suburban) that would be positively geared right from day 1. This is something I haven't seen here for a while.

[Jesmin]

thanks a lot for this conversation ... it is really very nice and beneficial also for me.. as ai am resarching on this.kit homes
(http://www.accomparkhomes.com/)