Market Snapshot

04-12-2018

Mr King, CEO of REIV, reported yesterday that a clearance rate of 48 per cent was recorded this week compared to 48 per cent last week and 68 per cent this week last year. There were 757 auctions reported to the REIV, with 365 selling and 392 being passed in,… Read More

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Market Snapshot

27-11-2018

Mr King, CEO of REIV reported yesterday that a clearance rate of 48 per cent was recorded this week compared to 48 per cent last week and 68 per cent this week last year. There were 757 auctions reported to the REIV, with 365 selling and 392 being passed in,… Read More

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Market Snapshot

20-11-2018

The market continued to be sluggish with a low clearance rate of 47 per cent this week. Auction numbers were also well below what they were the same time last year, with 963 reported, scheduled auctions last Saturday compared with 1452 this time last year. The statistics listed below give… Read More

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House Price Collapse - Overstated?

19-11-2018

Adding to the confusion that many are experiencing regarding the current state of the housing market and the reporting of it by the media, one of Australia’s largest credit unions, Peoples Choice, has weighed in. The have announced tighter lending criteria to home loans with tougher scrutiny on household expenses… Read More

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Chinese Investors

19-11-2018

There is still apparent confidence in Melbourne’s commercial market even as the residential sector is seeing the effects of a protracted downturn. Despite restrictions on the outflow of capital from China, investors are still targeting established commercial holdings in central Melbourne. Some recent, high end examples have been Burwood One… Read More

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Labor’s proposed Negative Gearing Changes

15-11-2018

The much publicised changes to current negative gearing arrangements, proposed by federal Labor, have resulted in a chorus of concerned warnings from financial commentators and research institutions.  SQM research has forecasted that peak-to-trough declines in the Melbourne housing market would worsen to 20-30 percent, exacerbating current predictions of peak-to-trough declines… Read More

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