by Wendy Chamberlain | Jul 25, 2021 | Auctions
The week ending 24th July delivered a clearance rate of 94% from the 443 auctions reported across Victoria, according to REIV data. The volume of auctions was revised down from earlier reports, owing largely to the restrictions currently in place across Melbourne. At...
by Wendy Chamberlain | Jul 11, 2021 | Auctions
The week ending 10th July delivered a clearance rate of 80% from the 719 auctions reported across Victoria, according to REIV data. In the previous week, the clearance rate was also 80%, however volume was higher, with 935 auctions reported. 440 homes sold at auction...
by Wendy Chamberlain | Jul 5, 2021 | Real Estate News
The 2021/22 fiscal year is now underway and that means that many government programs and initiatives have been given the green light to go ahead. For anyone seeking to enter the property market, some welcome news is that price caps for homes bought under the First...
by Wendy Chamberlain | Mar 3, 2020 | Buying a Home
The Reserve Bank of Australia today decided to further reduce the current official cash interest rate by another 0.25 basis points. This makes the new 0.50 percent rate the new historic low after the last cut in October 2019. The rate has been kept on hold since its...
by Wendy Chamberlain | Feb 5, 2020 | Buying a Home
The Reserve Bank of Australia today left the current official cash interest rate unchanged at its historic low level of 0.75 percent. The rate has been kept on hold since its last point cut in October. The decision was also expected by analysts or traders although...
