With reports of 80% plus auction clearance rates for seven consecutive weeks and falling interest rates, revenue starved mainstream media has this month had a field day talking up Sydney's property market to levels not seen since the pre GFC boom
Read MoreIf 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 MoreSydney'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 MoreSomething 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 More...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 MoreUndoubtedly 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 MoreMedia 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 MoreA 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 MoreFollowing 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
Read MoreFollowing the near disappearance of the Euro debt crisis from the headlines and anecdotal evidence of increased activity and auction clearance rates associated with a likely drop in the official cash rate, it seems like an ideal time to assess th
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