RESIDENTIAL PROPERTY
AUSTRALIA capital cities saw their highest auctions clearance rate since October over the weekend, as the market continues to reawaken from its summer slumber...
The number of homes that went under the hammer nationally increased to 1,712 auctions over the weekend, up from 1,390 homes the previous week, and above levels a...
Finalised results typically revise lower, but the early trend is showing an improvement in selling conditions which might reflect some renewed confidence as the likelihood of interest rate...
As the number of auctions moves out of the seasonal slump, clearance rates become more meaningful, providing a less volatile outcome and better measure of the fit between buyer and...
Melbourne recorded the largest number of auctions, with 685 homes taken to auction last week, of which 68.4% have been reported as sold so far; the highest preliminary clearance rate...
The volume of auctions held across Sydney jumped from 453 the week prior to 642 last week, with the preliminary clearance rate coming in at 73.0%, the highest since the week ending...
Brisbane led the volume across the smaller auction markets, with 211 homes going under the hammer last week returning an early clearance rate of 50.7%, down from 58.7% the...
New listings across the capital cities are increasing at the fastest pace in six years, according to Domain, hitting record highs in Sydney, Melbourne and Canberra...
Domain’s data is reflected in SQM Research numbers, which shows total listings grew by 4.5% in January, hitting 243,642 properties – 10.3% higher than a year earlier...
The most recent inflation data showed the underlying inflation measure had eased further, within touching distance of the Reserve Bank’s target band, and...
In a note to clients, Capital Economics Australia and New Zealand economist Abhijit Surya said that although the prospect of imminent rate cuts could temporarily buoy buyer sentiment...