VIDEO – Melbourne market ‘crumbles’

The results out of most Australian capital city markets indicate that both sellers and buyers have decided to ‘sit it out’. No where more so than Melbourne according to Dr Andrew Wilson, Chief Economist from My Housing Market.   Andrew presents his weekend review exclusively for Real Estate Talk.  We are now including the top 5 sales each weekend  for Sydney, Melbourne, Brisbane and Adelaide.  The … Continue reading VIDEO – Melbourne market ‘crumbles’

Auction Insider: Sellers retreat

The auction results from the weekend indicate that winter has come early, reflected in the late autumn markets. Dr Andrew Wilson, Chief Economist from My Housing Market, presents exclusively for Real Estate Talk and this week we see numbers fall in all the capitals and results follow the trend.  Is this the new norm?   We are now including the top 5 sales each weekend for … Continue reading Auction Insider: Sellers retreat

Auction results follow the temperature – DOWN!

Dr Andrew Wilson, Chief Economist from My Housing Market, presents exclusively for Real Estate Talk and this week we pull apart the auction activity from the weekend to discover that auction numbers hold up in Melbourne but sales rates fall signalling a concern. Sydney also stumbles a little so are we seeing the start of a serious slowdown.   Meanwhile Brisbane bounces back after the holiday … Continue reading Auction results follow the temperature – DOWN!

VIDEO – Budget impact on property – Dr Andrew Wilson

If last year’s budget was described by Dr Wilson as “The Housing Market Budget”, he says this one is not too far behind. He is curious why the Government appears to be silent on many housing issues such as supply but believes it could be an indication they believe the property market is under control.   He does not agree! In this video Dr Wilson expresses … Continue reading VIDEO – Budget impact on property – Dr Andrew Wilson

Sydney delivers a ‘remarkable’ result on the weekend

Dr Andrew Wilson, Chief Economist from My Housing Market, presents exclusively for Real Estate Talk and this week he details the surprising result from Sydney Inner West and Lower and Upper North Shore in stark contrast from a very poor result from the West of Sydney. Early signs that Melbourne might be slowing down. All the details in this 8 minute Auction Insider video. Continue reading Sydney delivers a ‘remarkable’ result on the weekend

Auction Insider: Holidays drag markets down

School holidays and Easter always impact the number of auctions but surprisingly this year clearance rates have held.  Andrew draws some conclusions about the types of properties that are popular with auction buyers as he looks at last weekends auction results in the capital cities. Continue reading Auction Insider: Holidays drag markets down

Trade War looms + Holidays impact results

In this week’s episode, Andrew Wilson and Kevin Turner discuss the weekend’s auction activity, a surprising fall in the Brisbane vacancy unit market, the likely impact on Australia if there is a trade war and the increasing likelihood that an interest rate decrease is on the cards.  A robust insight into where the property market is headed. Continue reading Trade War looms + Holidays impact results

Auction Insider: Unit market takes the lead

In this week’s episode, Andrew and Kevin take a look at the clearance rates and average sale prices across all capital city markets for the March quarter and then compare those figures with the same period last year.  An interesting insight into where the property market is headed.   Continue reading Auction Insider: Unit market takes the lead

Auction Insider: Super Saturday – Sydney steady but Melbourne down

Super Saturday – the weekend before Easter – has become somewhat of a benchmark weekend for measuring market sentiment by looking at the auction results.  Last weekend we saw Sydney hold firm and the results from Melbourne (although better than Sydney) were still a little disappointing.  Andrew also discusses what he thinks is happening on the world scene and what is likely to happen with … Continue reading Auction Insider: Super Saturday – Sydney steady but Melbourne down