China’s Real Estate Rises Concern Analysts
May 29th, 2013China experienced surprising leaps in property prices with real estate in its 70 major cities jumping 3.6% in a year and 1.2% in just one month. China’s tier-one cities saw significant price increases – Beijing property costs went up 8.6% in the
Read MoreLow interest rates send Sydney property buyers on a spending spree
May 20th, 2013
One of the more useful insights into the Sydney property market over the past month was a speech given on 23 April 2013 to the Citibank Property Conference by Luci Ellis, the Reserve Bank of Australia's Head of Financial Stability Department. Ap
Read MoreDerelict homes worth millions
April 30th, 2013A former boarding house at 64 Mullens Street Balmain, originally listed with a guide of $900,000 attracted a swarm of interested buyers. It looked like a scene out of Mad Max - gates rusted off their hinges, graffiti covered walls and advanced stage
Read MoreRBA likely to continue rate cuts in 2013 after unemployment rise: Macquarie’s Brian Redican
April 29th, 2013The unexpected rise in the unemployment rate in March may prompt the Reserve Bank to begin cutting rates again, but not immediately, says Macquarie senior economist Brian Redican. The unemployment rate increased by 0.2 percentage points to a two-a
Read MoreEaster Super Saturday, Devonshire Street, Surry Hills and the case for boycotting auctions
April 15th, 2013
If you believe the figures reported by Australian Property Monitors, some very strange animal spirit gripped Sydney property buyers during the pre Easter Super Saturday which this year occurred on 23 March 2013.Relative to the same event last
Read MoreLet’s bust a few myths about the top end
March 4th, 2013
Sydney's residential property market opened to a chorus of mainstream media reports about auction clearance rates rising above 70% and the return of boom times even at the top end above $2 million.Dr Andrew Wilson, Chief Economist at Aust
Read MoreGot more than $4 million to spend on a house in Sydney? Then consider Mosman but be quick
March 1st, 2013
Something strange happened this month at the top end of Sydney’s property market in Mosman. Life returned and did it with a vengeance.According to research carried out by Curtis Associates, there were nine Mosman house sales above $4 million th
Read MoreThe Sydney property in 2012 over $1 million – end of year market wrap and a peak at the speed bumps that lie ahead in 2013 but first…
January 18th, 2013
...how did we fare with our predictions for the 2012 Sydney residential property market over $1 million which, to recap', were:"the European sovereign debt crisis will continue to be the most significant influence on buyer sentiment and conf
Read MoreThe truth behind rising auction clearance rates in the Sydney property market – some important lessons for buyers and no wonder the State Government is crying poor!
November 29th, 2012
IntroductionApart from upbeat mainstream reports of a sustained improvement in auction clearance rates and the Reserve Bank of Australia's decision on 3 October 2012 to reduce the official cash rate by 0.25%, the rest of that month looked and f
Read MoreOver $ 1 million in Sydney’s property market – Buyers beware. Danger might be lurking just around the corner
October 24th, 2012
Undoubtedly turbo charged by a perception that a low interest rate environment is here to stay, Sydney's auction clearance rate on the 22nd of last month rose to 67%. This was its highest level in two years. More alarming was the extent of that j
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