Our daily Melbourne property market updates are written by experienced property commentators, buyer advocates and investment experts. All have their finger on the pulse of the Melbourne property market.
By Peter Sarmas on 15 Jun 2013 No Comments yet, your thoughts are very welcome
Several surveys and economic reports were released this week, including ANZ’s monthly jobs figures and quarterly house prices, prompting some gloomy predictions from news sources around the country. In response, Business Spectator released an interesting article ...
By Peter Sarmas on 13 Jun 2013 No Comments yet, your thoughts are very welcome
The number of approved home loans rose by a seasonally adjusted 0.8 per cent in April, according to the latest housing data from the Australian Bureau of Statistics. The findings were well below market expectations of a two per cent rise for the month ...
By Pete Wargent on 11 Jun 2013 No Comments yet, your thoughts are very welcome
Mark Bouris caused a bit of a ripple this week by suggesting that the Australian property markets will represent "the hottest asset class you can possibly think of" for the next five years. Of course, just as a hairdresser is probably not the best person to ask if you need a haircut, so it is in this instance, but is Bouris likely to be right? ...
By Peter Sarmas on 8 Jun 2013 No Comments yet, your thoughts are very welcome
After meeting this week, the Reserve Bank decided to leave the cash rate on hold at its record low 2.75%, choosing to wait and see what impact last month’s cut has on the economy. Read on for the other property-related items in the news this week ...
By Catherine Cashmore on 4 Jun 2013 No Comments yet, your thoughts are very welcome
Once again, the weekend produced some healthy results in Melbourne. The clearance rate was 74 per cent based on over 700 auctions. This week, 56 per cent of results posted were private sales, while the rest were for sale by auction. ...
By Peter Sarmas on 3 Jun 2013 No Comments yet, your thoughts are very welcome
Ahead of tomorrow’s interest rate decision, financial news site Bloomberg found that a majority of economists forecast the RBA to keep the cash rate at 2.75 percent, reduced when the RBA met last month. Twenty-four out of the twenty-five economists expected the RBA would hold out ...
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