Scott Picken, CEO of International Property Solutions (IPS) believes a paradigm shift is occurring: 8 years ago, people would only invest in property in their own neighbourhood. Now, investors are starting to seek the best investments globally. IPS was created 5 years ago to facilitate international investments and provide an end-to-end solution to ensure that investors can invest with confidence!

Thursday, September 10, 2009

More good news for Australia!

Australian residential markets continue to record solid gains in July

Over the first seven months of the year Australian home values increased across every capital city, rising by 5.9 percent nationally. Based on Australia’s largest property database, owned by rpdata.com which
includes roughly 145,000 sales for the first seven months of 2009,Australia’s housing recovery has continued in the month of July with solid across-the-board capital gains. According to the market respected RP Data-Rismark Home Value Index, Australian home values rose by +0.9 percent in the month of July 2009. This brings total capital growth in the first seven months of 2009 to 5.9 percent.
Underpinned by historically low mortgage rates and only small rises in

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http://www.ipsinvest.com/News.aspx?id=177
Posted by Scott Picken at 10:51 AM

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