by Chris | Jul 29, 2013 | Latest News, Melbourne Market
I wrote a little last week regarding the REIVs quarterly median statistics which contain revisions that typically occur some 3 months after the figures are initially released and therefore make the press release – accompanied by boom and bust media headlines –...
by Chris | Jul 22, 2013 | Latest News, Melbourne Market
The REIV have released their June quarterly statistics which show a seasonal adjusted 2.4 per cent rise in the median house price. This takes Melbourne’s median house price from a ‘revised’ $549,000 in the March quarter, to $562,000 for the June...
by Chris | Jul 15, 2013 | Latest News, Melbourne Market
A 76 per cent clearance rate was recorded this weekend albeit on low numbers (354 auctions) – and with only 6 results reputedly ‘unreported’ we can expect it to remain as such when the midweek update is released. In contrast, last week’s clearance...
by Chris | Jul 8, 2013 | Latest News, Melbourne Market
The June house price statistics have come in from the REIV and they indicate a continuation of the modest increases we been experiencing in aggregated values. Over the 30 day period, dwelling prices rose by 1.3 per cent which, as the REIV note, is the highest level...
by Chris | Jul 5, 2013 | Brisbane Market, Latest News
A look at the latest Auction Clearance Rates for Brisbane indicates a slow resurgence, with a 41% monthly average – well above the Brisbane norm. Another month of a fast-paced market has also seen property prices peak up again, higher than last month. The improving...