Monthly Archives: November 2016
November 26, 2016
Under big auction numbers on the weekend, the property market passed with flying colours, with clearance rates solid again – the REIV reported clearance rate was 77%. While we saw many pass-ins, most properties sold by the end of the…
November 19, 2016
Observers of Melbourne’s property market have been talking about the boom for several years. The intensity shows no sign of letting up, with buyers in 2016 increasing the intensity levels at auctions up yet another notch. The REIV reported an…
November 12, 2016
The outcome of the US presidential election and sharemarket fluctuations did little to dampen buyer confidence on Saturday, with continued strong results across the board being reported. If vendors are listening to agent advice regarding reserve levels, more often than…
November 5, 2016
There are only three weekends for new campaigns to start before Christmas and the pressure is rising for buyers to secure a property before the close of the season. Lower stock levels have contributed to continuing higher clearance rates. Even…