By Peter Sarmas on 23 Jun 2014 2 Comments
In addition to the obligatory results and pulse on the Melbourne property auction market over the weekend, there are some significant changes coming into effect that will also be discussed in today’s property market wrap. As reported by REIV there was a 72 per cent property clearance rate from the 708 auctions reported over the weekend ...
By Peter Sarmas on 16 Jun 2014 No Comments yet, your thoughts are very welcome
On the back of a record month in March it is rather surprising that we are looking at another record month in June in terms of Melbourne property auctions. We are not only expecting highs in the number of property auctions but also in the property auction clearance rates ...
By Peter Sarmas on 2 Jun 2014 No Comments yet, your thoughts are very welcome
There is no denying that the Melbourne property market has held its ground in what has been an avalanche of property auctions for May. With both Marshall White and Bennison Mackinnon recording their best month ...
By Peter Sarmas on 26 May 2014 No Comments yet, your thoughts are very welcome
There is no doubt the Melbourne property market is holding firm in spite of the large number of listings auctioned over the weekend . As reported by the REIV there was a clearance rate of 73 per cent from 1017 listed properties which has risen from 70 per cent last week and has also surpassed last year’s 69 per cent for the same period. ...
By Peter Sarmas on 19 May 2014 2 Comments
For those following my weekly market wraps would recognise that there has been a genuine concerned surrounding the Coalition’s Budget cuts released last week. With consumer sentiment falling in April and having to pay for Labour’s mismanagement of the economy, I predict a very average auction clearance rate over the weekend ...
By Peter Sarmas on 12 May 2014 No Comments yet, your thoughts are very welcome
Over the weekend the REIV reported a clearance rate of 70 per cent from 576 auctions compared to 69 per cent last week and 70 per cent for the same time last year. However, this is concern surrounding tomorrow's budget release ...
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