Posted by Bees Nees City Realty
on 3 July 2014
The shift to online advertising in real estate has made life simpler for home buyers, but it’s also created a “fresh is always best” approach. You’ve signed up to have info emailed straight to you when new listings hit the market that fit your search criteria, so now you can sit back and wait for one that suits. And there’s the trap. Guess what every other home buyer is also doing (your competitors for that prized home)?
A really notable trend of recent month...
Posted by Jennifer Duke, Urbis
on 24 June 2014
The inner Brisbane apartment market is gearing up for a record sales boom in the second half of 2014, with pre-sale stock levels moving toward the market, Urbis have recently announced.Their Brisbane Apartment Insights report noted that strong demand over the last quarter of 2013 has reduced stock levels for 2014, with demand pushing into this year.
Senior consultant for Urbis, Paul Riga, said that they’d recorded at least six development projects selling out ahead of schedule, resu...
Posted by Jared Lynch
on 4 June 2014
Sharp falls in consumer confidence have begun to spill into the economy, with house prices in Australia's capital cities falling for the first time in 12 months, according to property analysts.
RP Data - Rismark's home value index showed a 1.9 per cent drop in May - the biggest slide since December 2008.
Melbourne led the decline with a 3.6 per cent slumped, followed by Adelaide and Brisbane, which fell 1.8 and 1.7 per cent respectively.
Sydney also cooled with a 1.1 per c...
Posted by Robert Larocca, RP Data Housing Market Specialist
on 26 May 2014
There are 3,111 auctions scheduled across Australia this week with 2,589 expected in capital cities – a remarkable 53 per cent more than the 1,687 auctions held a year ago.
Vendors may be concerned about the high volume of competing auctions but should gain confidence from last week’s results when there was a small increase in the clearance rate to 66.6 per cent across capital cities from 65 per cent in conjunction with increased supply.
The increase in volumes this ...