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First Home Buyers Make One Last Grab for Grant

By Catherine Cashmore on 1 Jul 2013 No Comments yet, your thoughts are very welcome

This weekend produced another round of strong auction results. The 73 per cent clearance rate was no doubt buoyed by a proportion of first home buyers trying to take advantage of the $7000 grant for established housing which is due to end today. ...

End of First Home Buyer Grant Unlikely to Prompt Rush

By Catherine Cashmore on 24 Jun 2013 No Comments yet, your thoughts are very welcome

A 71 per cent clearance rate was recorded this weekend, and whilst outer suburban locations in Melbourne remain relatively stable, increases in inner and middle ring locations are noticeable. Activity has improved throughout the year and the competitive atmosphere is continuing to produce clearance figures comfortably in the 70s ...

While Auctions Remain Strong in Melbourne, Buyers Should be Cautious

By Catherine Cashmore on 18 Jun 2013 No Comments yet, your thoughts are very welcome

Once again, Melbourne is producing healthy auction results. The clearance rate to date is 70 per cent (up from 68 per cent in April) and the latest REIV house price index revealed a 1.4 per cent increase for May. In line with trend, the clearance rate recorded this weekend was also 70 per cent ...

Confidence Improves and Melbourne Auctions Surpass Reserves

By Catherine Cashmore on 4 Jun 2013 No Comments yet, your thoughts are very welcome

Once again, the weekend produced some healthy results in Melbourne. The clearance rate was 74 per cent based on over 700 auctions. This week, 56 per cent of results posted were private sales, while the rest were for sale by auction. ...

Increased Confidence Drives Melbourne Auctions, Though Quality Listings Drop

By Catherine Cashmore on 28 May 2013 No Comments yet, your thoughts are very welcome

We’re slowly approaching the winter market, and in line with seasonal expectation, quality listings are reducing and state-wide median prices are softening. RP Data’s daily index shows a 1.2 per cent decline in capital city home values and SQM’s stock on market data indicated a -1.1 per cent fall over April ...

What’s Going to Happen to Property Prices as We Head into Winter?

By Catherine Cashmore on 21 May 2013 No Comments yet, your thoughts are very welcome

The market posted a strong 74 per cent clearance rate this week, a result ahead of last week’s revised 70 per cent. Year to date, over $4 billion homes have been sold via auction, compared to $2.9 billion for the same time last year ...

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