Monthly Archives: May 2017
May 27, 2017
Consistency in the inner Melbourne property market is continuing with the REIV reporting a clearance rate of 77% at 6pm on Saturday evening. This is slightly down on last week’s clearance rate. On the weekend, we noticed the continuing trend…
May 20, 2017
The market continues to be solid, with the REIV reporting an 80% clearance rate at 6pm on Saturday. Numbers were busy at opens and auctions but there doesn’t seem to be panic on the streets, with most people prepared to…
May 13, 2017
While the reported auction clearance rate is still robust – the REIV reported a 78% clearance rate for this weekend – more properties seem to be passing in. We are starting to see some discrepancies between sellers’ and buyers’ expectations…
May 6, 2017
Victoria’s new quoting laws commenced this week, and there may be a short period of confusion for buyers regarding the quotes during the transition period, with a cross-over of properties listed for sale pre-May 1 and post-May 1. Moving forward,…
April 29, 2017
Today signals the first day of the new quoting rules for Victoria. There has been a lot of discussion and hype about this in the media; however, whether it will help or hinder buyers is yet to be determined. If…
