UK interest rates trimmed to 5.5%
06 December 2007
The Bank of England has cut UK interest rates to 5.5% from 5.75% amid signs that the economy is slowing. Expectations of a rate cut had risen in recent days after figures indicated that economic conditions had deteriorated over the past few weeks. The BBC's economics editor Evan Davis said the rate cut - the first since August 2005 - was aimed at preventing the slowdown getting out of control.... read news item »
Invest in Australia's Booming
05 November 2007
Holiday makers will have to move quickly to secure a spot on Australia's sand-swept coastline this summer, with beachside rental listings at some estate agencies snapped up as long as six months ago. A surge in demand for rental accommodation over the peak summer period has meant the most sought-after beachside properties are booked up until mid-January, a ninemsn review of 15 top holiday d... read news item »
HOUSING MARKET ACTIVITY INCREASES MOMENTUM AS SUMMER LULL COMES TO AN END
18 September 2007
The National Association of Estate Agents (NAEA) released figures from its latest housing market survey today, revealing that activity in the housing market has begun to increase in momentum following the July slowdown. As typical for the time of year the number of register... read news item »
