Despite a lot of negativity spreading like wild-fire throughout most media outlets over the last couple of weeks, the market continues to deliver, almost with a stern level of disobedience. While there has been a lot of speculation over the duration of this ‘boom market’ most of it has been unfounded and predominantly mounted on … More Real Estate Market Commentary APRIL 2
Headlines are a-plenty at the moment regarding the property market, funnily enough, most conflicting with eachother. I have read – in the past few weeks – a number of stories about the ‘Big Short’ in Australian property markets, indicating that the loans that banks have made with buyers will all default at the same time. Also … More Real Estate Market Commentary MARCH 12
I am loathed to continue commentary about this ‘bubble’ as it suggests that either, I am convinced we are in a bubble or that we need to find labels for things that are cyclical. When the market is doing well, it is a bubble, when it is doing poorly, it is a crisis, what I think we … More Real Estate Market Commentary MARCH 5th
Land of Opportunity; Premium Eastside Location It is rare that an opportunity so lucrative and so extensive presents itself as perfect as this wonderfully proportioned block in Sydney’s upper north shores premier suburb, Pymble. Condemned and ready to capitalise.
Another positive review of the Sydney Auction market this week and we revel in Clearance Rates still in the 70’s. A continuation at the weekend of the positive sales results as more and more stock seems to be listed for sale by Auction and subsequently selling at Auction. With Clearance Rates up again at 77% at the … More Real Estate Market Commentary FEBRUARY 20
Click here: SYDNEY AUCTION RESULTS
Well, it is interesting reading all the different publications and Auction recording outlets to see what the results were for the weekend just gone. I know that these agencies require agents to report their sales (on the most part) and report them correctly, this can be why there is some variation the data we look … More SYDNEY AUCTION RESULTS FEBRUARY 13
Well, it’s almost predictable, well, nothing is predictable – call me a pessimist. … The Auction Clearance Rate went up at the weekend and the ‘median sale price’ [at Auction] dipped on last years average. I oft commented on the clearance rates’ impact on the median price of property sold at Auction, but I am … More SYDNEY AUCTION RESULTS 6TH FEBRUARY
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There seems to be a mixed view of the RBA’s choice to keep the official cash rate on hold at 2% after the meeting earlier this week (2nd February). While a lower interest rate would spark commentary about a damaged economy in need of support, a raised rate would be taken poorly by the capital … More INTEREST RATES COMMENTARY 4TH FEBRUARY
Thomas Merriman 