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Author Archive for: "spg"
By spg
In Uncategorized
Posted October 9, 2017

Volumes Bounce Higher But Clearance Rates Remain Below 70% Across Every Capital City Apart From Melbourne

Auction activity across the combined capital cities increased this week after last week’s grand final and public holiday slowdown. 

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By spg
In Uncategorized
Posted October 9, 2017

Does a Slowdown in the Sydney Housing Market Necessarily Mean a Pick-Up in Brisbane?

In this week’s blog we look at the historic relationship between housing market growth in Sydney and Brisbane in order to determine whether the slowdown in Sydney could translate into an [...]

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By spg
In Uncategorized
Posted October 5, 2017

National Auction Market Preview – 5 October 2017

The number of homes scheduled to go auction this week is set to rise across the combined capital cities; after last week’s public holiday and grand final slowdown, with 2,118 currently scheduled [...]

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By spg
In Uncategorized
Posted October 4, 2017

Interest Rates on Hold

Consistent with current industry predictions, the RBA has decided to keep the official cash rate at the record low of 1.50 per cent. CoreLogic head of research Tim Lawless comments.

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By spg
In Uncategorized
Posted October 3, 2017

Auction Activity Takes a Back Seat to Grand Finals and Long Weekend Festivities

The combined capital cities saw significantly fewer auctions this week, with a total of 953 auctions held; the lower activity a result of most states being host to a long weekend as well as both [...]

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By spg
In Uncategorized
Posted September 29, 2017

Migration Continues to Ramp-Up into New South Wales and Victoria

The latest demographic data release from the Australian Bureau of Statistics (ABS) shows a big jump in net overseas migration over the first quarter of 2017.

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By spg
In Uncategorized
Posted September 28, 2017

National Auction Market Preview – 28 September, 2017

Auction activity across the combined capital cities is set to be quite subdued this week, with half the nation host to an upcoming public holiday; combined with both the NRL and AFL grand finals [...]

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By spg
In Uncategorized
Posted September 25, 2017

Auction Volumes Increase Across All But One of the Capital Cities This Week

Auction volumes increase across all but one of the capital cities this week, returning a preliminary clearance rate of 70.7 per cent across 2,759 auctions.

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By spg
In Uncategorized
Posted September 23, 2017

Interest Rates on Hold

The RBA met industry expectations today, announcing its decision to hold the official interest rate at the record low of 1.5 per cent for September. The cash rate last moved in August 2016, [...]

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By spg
In Uncategorized
Posted September 23, 2017

Auction Volumes Fall Across the Combined Capital Cities Leading into Spring

Auction volumes fall across the combined capital cities leading into Spring with 2,060 auctions held and a preliminary clearance rate of 70.0%.

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Simpson Property
Simpson Property Group
Suite 4, 6 Marvell Street Byron Bay, NSW 2481
(02) 6628 9261