Category: Articles
The 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, 2012IntroductionApart 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, 2012Undoubtedly 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
Read MoreA helicopter view of the Winter 2012 Sydney property market for hibernating buyers
July 31st, 2012Media reports of rising clearance rates disguised the fact that relative to the same month last year, turnover in Sydney’s property market plummeted this month. As a comparison between statistics compiled by Australian Property Monitors for each of
Read MoreRenovator’s delights in Sydney’s top end residential property market – beware of fool’s gold
June 30th, 2012A further 0.25% cut in the official cash rate this month and a rebound in US orders for durable goods failed to allay investor concerns about Europe’s continuing debt woes and the impact of the poorly understood carbon tax. As a result, the local s
Read MoreThe Sydney residential property market over $1.5 million in May 2012. Let’s dance!
May 31st, 2012Following the popularity of our CurtiseCall April 2012, this month we present a similar analysis to last but with a twist – no pun intended. Instead of comparing May 2012 with May 2011, here we compare house sales over $1.5 million in May 2012
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