Our daily Melbourne property market updates are written by experienced property commentators, buyer advocates and investment experts. All have their finger on the pulse of the Melbourne property market.
By CoreLogic RP Data on 3 Jul 2014 No Comments yet, your thoughts are very welcome
Quite often, myths or commonly accepted facts about the property market can turn out to be incorrect when a review of the actual numbers is conducted. For example, It’s often said that most home owners buy and sell every seven years. However, research shows that in Melbourne the average hold period for houses is 11.4 years ...
By CoreLogic RP Data on 2 Jul 2014 No Comments yet, your thoughts are very welcome
With the media focused on ‘doom and gloom’ for the property market over the past few weeks, Craig Mackenzie, who heads up RP Data’s corporate services division, takes us through the key drivers in the market. He explains that history and statistics tells us that there are two key drivers to the housing and related mortgage finance markets ...
By Peter Sarmas on 28 Jun 2014 No Comments yet, your thoughts are very welcome
This week, the potential incorporation of a new planning law threatens to have a major impact on property prices; however, auction results and clearance rates remain strong. In his weekly wrap Peter Sarmas discusses these new planning laws and the substantial influence they may have on the property market ...
By Bis Shrapnel on 26 Jun 2014 No Comments yet, your thoughts are very welcome
According to leading property industry analyst and economic forecaster, BIS Shrapnel, the momentum in price growth that recently emerged is expected to continue to support prices in the forthcoming year but to a lesser extent in 2015/16. However, rising construction and the potential for oversupply in many markets will impact on prices ...
By Peter Sarmas on 21 Jun 2014 No Comments yet, your thoughts are very welcome
On the back of a record month in May the property industry prepares itself for another month of potentially high auction results and clearance rates. But what's driving prices? In his weekly wrap Peter Sarmas discusses the growing strength in the Melbourne property market after we experienced another weekend of strong auction results ...
By CoreLogic RP Data on 18 Jun 2014 No Comments yet, your thoughts are very welcome
There are many measures of affordability in the marketplace. Sadly, I believe that many of these measures fail to accurately depict the affordability or otherwise of housing in Australia. The main reason being that housing affordability is extremely complex and many factors drive the issue ...
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