Posted in Market Updates, News, Research on Feb 4th, 2011
The 2011 auction season officially began last weekend, with about 80 auctions across Melbourne generating a clearance rate of 51 per cent. While it is too early to draw any conclusions, the same amounts of auctions were held this time last year, although the clearance was significantly higher at 80 per cent. The Real Estate [...]
Posted in News on Nov 1st, 2010
The inclement weather Saturday did not affect demand at this weekends auctions with a clearance rate of 67 per cent recorded.This is a good result in light of the fact that this weekend has a higher number of auctions than the comparable weekends in the past 5 years.There was a total of 343 auctions reported [...]
Posted in News on Oct 29th, 2010
INVESTOR confidence in the Asia-Pacific region rebounded in the third quarter with improving business sentiment and market fundamentals. This, according to a report from Jones Lang LaSalle.In the Jones Lang LaSalle Market Perspective for October, the real estate agency said sales volumes were up by 12 per cent on the quarter.Sovereign wealth funds and pension [...]
Posted in News on Oct 29th, 2010
HOME buyers were spoilt for choice at the weekend but clearance rates held steady despite the bumper crop of auctions. The number of homes scheduled to go under the hammer ramped up to more than 1000, making it the city’s biggest weekend for residential property in more than two years.A total of 594 properties sold [...]
Posted in News on Oct 28th, 2010
HOME buyers were spoilt for choice at the weekend but clearance rates held steady despite the bumper crop of auctions. The number of homes scheduled to go under the hammer ramped up to more than 1000, making it the city’s biggest weekend for residential property in more than two years.A total of 594 properties sold [...]
Posted in Market Updates, News, Research on Oct 21st, 2010
NINE major sales worth $567 million have taken place in Melbourne’s CBD so far this year, according to Colliers International, and another three big assets are in due diligence and tipped to fetch another $460 million. This would push sales above the $1 billion mark. The three buildings are believed to include 717 Bourke Street [...]
Gary Peer Real Estate Report
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