PROPERTY PRICES STABILISE

25-09-2019

Higher than expected auction clearance rates over the past few Saturdays are now indicating that property prices have begun to stabilise. Experts are putting this down to a combination of historic low interest rates as well as very low levels of stock compared with this time last year, with more… Read More

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Interest Rates Being Pushed Lower

16-09-2019

The Reserve Bank has announced that powerful community forces and demographic trends are having a major effect on keeping interest rates low. Specifically Australia’s ageing population is the stand out trend which is having the biggest effect. This issue is further compounded by the fact the Australia’s increasingly ageing population… Read More

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Market Snapshot!

09-09-2019

Mr Gail King, CEO of REIV reported a clearance rate of 78 per cent was recorded this week compared to 79 per cent last week and 63 per cent this week last year. There were 553 auctions reported to the REIV, with 430 selling and 123 being passed in, 39 of… Read More

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Market Snapshot

05-09-2019

Mr Gail King, CEO of REIV reported a clearance rate of 76 per cent was recorded this week compared to 79 per cent last week and 60 per cent this week last year. There were 586 auctions reported to the REIV, with 447 selling and 139 being passed in, 62 of… Read More

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Market Snapshot

26-08-2019

Mr Gail King, CEO of REIV reported a clearance rate of 81 per cent was recorded this week compared to 78 per cent last week and 60 per cent this week last year. There were 486 auctions reported to the REIV, with 395 selling and 91 being passed in, 42 of… Read More

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