Melbourne Auction Results

Melbourne Auction Results – August 17, 2013

By Peter Sarmas on 19 Aug 2013 No Comments yet, your thoughts are very welcome

The Melbourne market maintained its strength this week, almost mirroring last week’s results. Unreported auctions were substantially higher, at 93 compared to 50, but this was the only main difference. According to the REIV, this is the fourth week that Melbourne auction clearance rates were close to or above the 70 per cent mark ...

Melbourne Auction Results – August 10, 2013

By Peter Sarmas on 12 Aug 2013 No Comments yet, your thoughts are very welcome

Last week's Reserve Bank announcement to cut cash rates by a further 0.25 per cent sparked rate cuts from banks and lenders around the nation. This means cash rates are now at the 59 year low of 2.5 per cent. Most banks moved quickly to pass on the rate ...

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