Results for week ending July 24 Auction volume slipped further this week across the combined capital cities, down from 1,391 last week to 1,295 this week. Stock levels are now 40 percent lower than they were over the same weekend last year. This short supply
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What is investing? Sometimes, to better understand what something is, it’s helpful to understand what it is not. Would you like to hear the most painful investing mistake I ever made? I had recently finished a degree in finance and was working as an intern
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Results for week ending July 17 Auction volume remained relatively consistent with last week’s unseasonably low levels of stock, with 1,378 auctions held nationwide. This feeble supply made way for a surge of buyers to lift the combined capital cities clearance rate one full basis
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We are in a unique time in the history of financial markets. While investors face uncertainty in every season, capital flows over the last decade have created some particularly unusual and extreme situations: Property prices have never been higher. Long-term government bond yields are approaching
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Results for week ending July 10 The auction clearance rate for the combined capital cities rose again this week, as demand continues to outpace this winter’s supply lull. Based on preliminary reporting, 72.0 percent of sellers nationwide found successful bidders. Auction volume increased to 1,365,
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Results for week ending July 3 We may not yet have a clear election winner, but there were few losers in the property market over the weekend. The auction clearance rate across the combined capital cities was back up above 70 percent, thanks to a
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The shock decision of the people of Great Britain to leave the European Union (EU) threw financial markets into a tailspin last Friday. The Pound fell 11 percent, the German share market lost 7.2 percent, and the ASX 200 was down 4 percent. Homebuyers
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Results for week ending June 26 A day after worldwide financial markets tumbled in response to the UK’s shock vote to leave the EU, the combined capital city auction clearance rate surged to 69.1 percent, up from 67.4 percent last week. Auction volume nationwide remained
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Imagine how your investing potential would skyrocket if you had the opportunity to spend five full days with property investing expert Steve McKnight, learning virtually everything he knows about real estate and asking him any question you like. That’s exactly what a small group of
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Results for week ending June 19 After a lack-lustre Queen’s Birthday weekend, the preliminary combined capital city clearance rate bounced back to 67.8 percent this week. A total of 2008 homes were brought to auction, nearly double that of last week, and on par with
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