The spring season is certainly blooming with mortgage rates at record lows and Melbourne’s clearance rates up on last week and last year. This week we saw a clearance rate of 79% and almost 800 auctions
Spring has sprung and the auction market has swung into action. Spring is always a busy time in the auction markets and nature lends a hand by decorating the suburbs with glorious cherry and wattle blossoms. The
This week Melbourne had a major auction weekend, almost hitting last week’s prediction of 900 properties up for auction. The city had a clearance rate of 79% with 665 properties sold out of 840 listed. REIV
Last week saw a bumper week of auction results with a 79% clearance rate and 472 properties sold. This week, REIV reported another great weekend with 472 properties sold at auction and a clearance rate of
It’s a gold medal performance by Melbourne this week with a champion clearance rate of 81%, soundly beating last week’s rate of 76%. And, according to REIV, we can look forward to another winning weekend with
Not all records being broken this week are in Rio. With the RBA dropping interest rates to a record new low and a record number of suburbs reaching a median house value of $1 million dollars,
Weekly Wrap – week ending 31 July The property market continues to stick to its steady course with this week’s REIV auction results reporting a clearance rate of 78%, up 4% on last week – a result
Weekly Wrap – week ending 24 July If there were a phrase to sum up last week, it would probably be ‘steady as she goes’. Sure, we’ve had a few stormy weeks with forecasts of potential economic
The Weekly Wrap – week ending July 17 There’s no escaping the fact that we are in the middle of winter. But, half way in is half way out. It’s still cold, true, but here and there
The Weekly Wrap – July 10 Weekend auction results bounced back this week with REIV (http://www.reiv.com.au/property-data/auction-results/auction-results) announcing a 77% clearance rate with 464 properties sold. This is compared to 70% for this week last year. The weekend results
The end of the financial year saw stability in Melbourne’s property market, though that can’t be said about the outcome of Saturday’s double dissolution election. Political instability hasn’t affected clearance rates, with this weekend in Victoria
Weekly Wrap 2– Week ending June 26 This week winter arrived not with a whimper, but with a bang. Rain, wind and even snow (!) sent us all scurrying for our warm socks, beanies and coats. Yet
