Articles by Dr. Andrew Wilson

Dr. Andrew Wilson

Dr Andrew Wilson, of www.MyHousingMarket.com.au is Australia’s leading property economist.


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Home auction markets reported generally solid to strong results for most sellers at the weekend upon resumption of full activity following the previous weekend’s Queens Birthday Holiday break. Sydney and Melbourne continue to record their highest local clearance rates for over a year with Sydney auction clearance rates remarkably surging beyond 70 percent for the…

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Auction clearance rates generally fell away at the weekend following the relatively robust results recorded over the previous two weekends. Low auction numbers contributed to weaker clearance rates with both buyers and sellers distracted by the Queens Birthday long weekend holiday. Following this year’s trend, listings were again well below the numbers auctioned over the…

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Our home auction market activity rebounded strongly at the weekend following the end of the lengthy federal election campaign and the re-election of the Morrison government. The significant changes to property taxes as proposed by the Labor Party are clearly off the table which will aid in reviving recently subdued buyer and seller confidence. The…

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Election day predictably acted to further subdue already quiet auction markets and although clearance rates were relatively solid overall, intransigently low listing numbers continue to impact all capitals. With the quieter winter selling season now approaching fast, hopes for a consolidated market revival – particularly from sellers, rest optimistically on a spring bounce – but…

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Home auction activity resumed this weekend after last weekends pause in activity due to the Easter holiday break. Numbers however remain subdued as holiday distractions continue to dampen seller participation in most markets Auction clearance rates in most capitals remained reasonably solid overall despite buyers also predictably side-tracked by ongoing holidays. Clearance rate levels however…

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A sharp rebound in auction numbers today predictably placed downward pressure on clearance rates with buyers provided with generally their best choice in listings for weeks. Despite the second biggest auction Saturday this year following the previous weekends state election distractions, Sydney produced another sturdy result for sellers with a clearance rate yet again above…