Category: Previous editions
Let’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 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
Read MoreA helicopter view of the Winter 2012 Sydney property market for hibernating buyers
July 31st, 2012
Media 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
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