Domain’s Sydney auction clearance rates are rubbish
October 23rd, 2017Domain and its selling agents have exceeded themselves to record yesterday’s so called and apparently buoyant 70% auction clearance rate.To do it, they simply didn’t report nearly 45% of all results.As far as we know, this is not just an
Read MoreCanary in the coal mine – clearance rates propped up by lifestyle properties selling before auction
September 25th, 2017
Make no mistake, it's a buyers' market.On their face, Domain's stat's for last Saturday are more of the same over many weeks.The so called 70% unadjusted clearance rate from the remarkably consistent 32% non reporting rate only reflects s
Read MoreMore on the UBS report
September 14th, 2017Having now read the actual UBS report and tested it against some of today's furious and sure, self interested criticisms by MFAA and FBAA, it doesn't seem that robust to us. It's based on a tiny sample and reveals other dubious methodologies.That
Read MoreUBS reports in the SMH
September 12th, 2017This UBS report doesn't surprise us and is even more reason for honest, smart buyers like ours to hold the line as these liars (a) run out of lies &/or (b) get exposed.If the 44% to 53% clearance rates now coming in from some major inner city
Read MoreSpecial Report: Sydney’s tunnels, stacks, electric vehicles and driverless cars – considerations for property buyers
August 10th, 2017
While a lot happened in Sydney’s property market during Q2 2017, nothing had greater ramifications for so many suburbs than fresh controversies which erupted over toll roads as the entire future of the car is in question.This is our special
Read MoreSydney’s spring time auction clearance rates heading for 50% as tunnels and stacks bite some buyers
August 8th, 2017
Domain reports a 70% clearance rate this Saturday from a skinny 503 offerings. The only hefty figure was the absurd 36% non reporting rate which likely means another sub 60% adjusted clearance rate.While Cooley Auctions reported 77%, the agen
Read MoreZip it RBA
July 24th, 2017
Reserve Bankers should stop thinking they're Rock Stars especially as their rates repertoire hasn't changed over the last 10 concerts.As erudite and educational as the speech reported in this DFA Blog might be (zero points for clanger spellin
Read MoreBerejiklian and the Beaches Link – Premier facing a rebellion in her backyard. From our Principal.
July 10th, 2017
Last week, I was invited by the Northbridge Tunnel Group to address what turned out to be well over 100 people in Northbridge about the possible impact of the proposed Beaches Link on property prices in their suburb.As far as I know, the Premier
Read MoreLast Saturday’s Sydney property auctions splutter yet again. It’s now a trend.
June 18th, 2017
Downward trend confirmed: paltry unadjusted 70% clearance rate just reported by Domain from another very high 33% non reporting rate. And yet again, lots of sales prior to auction.That's nearly two months in a row with the effects of APRA's t
Read MoreHeads up counter cyclical Sydney property buyers. Last Saturday’s auction clearance figures expose buying opportunities in a two tier market
June 7th, 2017
Regular readers will know we are generally not a fan of Sydney auction clearance rates published by Domain and other research houses.For years, our main concern has been the ease with which such voluntary reporting systems can be manipulated
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