Archive | August, 2011

Perth mil plus

Million dollar home sales continue to fall away

Premium housing markets around Australia are leading the downturn with home values across the most expensive segments of the capital city housing markets down by 5.6% over the 12 months to June compared with a 1.2% fall at the most affordable end of the market and a 1.5% fall across the ‘middle’ priced suburbs.  The […]

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Number of auctions

Auction sales becoming less popular

Auction clearance rates across the major capital cities have held fairly steady around the fifty percent mark since late last year.  During the height of the market back in 2009, as many as 80% of auctions were clearing.  That was just before the first interest rate rise was announced, and from that time clearance rates […]

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Listings graph, Capitals

How many homes are available for sale around Australia?

Well the question may seem straight forward but the answer is anything but. Counting the number of homes being advertised for sale accurately is a pretty complex process. Properties around Australia are advertised across multiple channels including a variety of web portals, newspapers and free press. Homes are even advertised for sale on ebay or […]

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The rate hike we didn’t have

The interest rate ‘hold’ decision earlier this week marks nine straight months of flat rates; the most stable interest rate environment for five years. Anyone would be forgiven to raise an eyebrow at that; the spectre of an interest rate rise has been lurking since at least March when the core inflation reading bottomed out […]

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Latest Aussie housing market update is now on YouTube

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