by Chris | Aug 5, 2013 | Latest News, Melbourne Market
As we tick over to August and await another interest rate drop, new housing data for the preceding month is once again filtering through. Firstly, RP Data and Rismark have released their July “Hedonic Home Value Index Results” assessing a rise of a 1.6 per...
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...
by Chris | Jul 1, 2013 | In The Media
As the Australian residential property market continues to perplex, BRW asks property experts (including Catherine Cashmore) on the best way to play the current environment. Read full article on BRW website.
by Chris | Jul 1, 2013 | Latest News, Melbourne Market
RP Data have released details of their ‘daily house price’ index for the month of June. As expected – and as I voiced a few weeks ago whilst questioning the falls in May which were not evident ‘on the ground’ with all noticeable indicators from...
by Chris | Jun 24, 2013 | Latest News, Melbourne Market
by Antony Bucello & Catherine Cashmore A 71 Per cent clearance rate was recorded this weekend, and whilst the outer suburban locations in Melbourne remain relatively stable, increases in the inner and middle ring locations are noticeable. Activity has improved...
by Chris | Jun 18, 2013 | Latest News, Melbourne Market
by Antony Bucello & Catherine Cashmore Once again, Melbourne is producing robust results with the clearance rate ‘year to date’ now residing at 70 per cent (up from 68 per cent in April) and the latest REIV house price index posting a 1.4 per cent...
