by Chris | Aug 19, 2013 | Latest News, Melbourne Market
by Antony Bucello & Catherine Cashmore The jury’s out on whether Australia is entering the ‘mother of all dwelling booms’ as Robert Gottliebsen took note to warn in Business Spectator last week. And whilst the construction sector continues to...
by Chris | Aug 12, 2013 | Latest News, Melbourne Market
by Antony Bucello & Catherine Cashmore Melbourne recorded a 76 per cent clearance rate over the weekend – and although it may reduce when the mid week numbers are collected, it’s still the strongest result to date. There’s an ongoing discussion between...
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...
