Auction activity around Australia is set to pick up steam this weekend, as 390 properties are expected to go under the hammer in Melbourne, a figure considerably higher than the 219 auctions listed on the same weekend last year. Peter Sarmas considers reports that the property market appears as buoyant as it was back in 2010 ...
There is something in the real estate market that seems to have property people pretty excited. It’s very early days, but a number of agents have reported a stronger than usual January. Much of their overhanging Christmas stock has been snapped up by astute buyers concerned about further price increases and a rise in interest rates ...
It has been revealed that new home sales climbed for the first time in five years, suggesting the housing market underwent a broad recovery in 2013. In his weekly property commentary, Peter Sarmas considered the results of Westpac's Consumer Sentiment Survey and the potential ramifications for the property market. ...
Westpac Chief Economist Bill Evans expressed a sombre view of the economy and the housing market in his latest economic update. Consumer confidence flagged in January and recent local and global data was less than inspiring, while the latest labour market data contained significantly lower than expected employment figures ...
This week the ABS revealed that inflation rose by 0.9 per cent during the December quarter, leading economists to predict that interest rates will remain at all-time lows for some time. In his weekly property commentary, Peter Sarmas examines the outlook for the Australian economy in general ...
A tough 2014 is widely predicted for the Australian economy. If this happens, it will likely have a negative impact on the housing market. Whilst it is too early to begin economic analysis for the current year, November 2013 data released by Westpac shows mixed results for our economy ...
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