It feels like October 2014 again, there is Real Estate hitting the property market, there are buyers hitting the streets and vendors blowing leaves away for open homes all across Sydney. Also, there are Auctioneers working hard – or easy, as the case may be – to get clearance rates back up to our historical … More SYDNEY AUCTION RESULTS– 14TH FEBRUARY
It would seem that low interests rates have aided in buyer confidence in the new year. With the announcement last week of interest rate cuts and speculation of further cuts before an inevitable period of stagnation, the consumer confidence spike looks like growing a little further. Of course low interest rates ironically indicate some level … More SYDNEY AUCTION RESULTS – 7TH FEBRUARY
The Sydney market, for months now has been a sellers market, widely covered by the media, property information sources and outspoken agents, but are we seeing a slight change in the current climate of the property market in Sydney? Auction clearance percentages were well into the 80’s and soaring, buyers were hand over fist at … More SYDNEY AUCTION RESULTS – 6TH DECEMBER
The buzz and hype of disappointed buyers seems to have left the media, for the time being. Maybe there is confidence back in the individual as the reality of a stable, albeit growing, property market has finally cemented itself in the heads of prospective buyers – not used as a deterrent. On a professional level, the open … More SYDNEY AUCTION RESULTS – 18th OCTOBER
Another great weekend in Sydney’s steady and strong Real Estate market saw Auction clearance rates teetering around the 80% mark, still. A hot and humid spring Saturday in Sydney saw a total of 533 Properties go to Auction out of a total 747 originally listed. The surprising thing is that the hammer dropped on a … More SYDNEY AUCTION RESULTS – 11TH OCTOBER
Although it is premature, and remiss, especially as a Real Estate Agent, to predict some sort of global crash, in any market, it is certainly a popular speculation with the American stock market wrap this morning (Australian time) – All American fed global markets closed down. We have all heard stories from people who bought property in the … More Bull Market?
If the long weekend seemed long and slow, in Real Estate terms – it probably was. With only 253 Auctions listed and 174 reported the numbers seemed to be a little bit lower across the Sydney Market at the long-weekend. Notwithstanding the low level of Auctions taking place, the weekend saw a jump in clearance … More SYDNEY AUCTION RESULTS – 4TH OCTOBER
If previous Auction clearance figures weren’t enough to turn a ‘medium term seller‘ into a ‘short term seller’ then last weekend will change that as the season continues to feel the heat. Saturday the 27th of September witnessed another steady increase in sales at Auction in the Sydney market, although the percentage was down the … More SYDNEY AUCTION RESULTS – 27th SEPTEMBER
Thomas Merriman 