Dr Andrew Wilson, Chief Economist of www.MyHousingMarket.com.au is widely regarded as Australia’s leading property economist.
Auction clearance rates have remained generally steady despite yet another week of significant listing numbers as the mid-spring market peaks. This weekend’s auction results around Australia: Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 1231 75.1% 1334 76.1% 1307 65.2% Melbourne 1762 69.4% 1122 74.1% 1782…
Lower interest rates continue to fuel capital city housing markets, with price growth for both houses and units accelerating again over September. The national capital city median house price increased by 1.1% over the September quarter to $1,232,063 compared to the August quarter, according to the latest data from My Housing Market. The September result…
Capital city home rental markets reported varied results over the first month of spring with vacancy rates continuing to tighten following the mid-year easing. House rents however were generally lower again with mixed rental growth for units. Most capitals again reported lower house rents over September with the exception of volatile Darwin with an increase…
