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By spg
In Uncategorized
Posted October 9, 2017

Household Debts and Assets Hit Record Highs

Each quarter the Reserve Bank (RBA) publishes household finances data which look at the ratio of household debts and assets to disposable income. The latest data shows households are becoming [...]

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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 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

National Auction Market Preview – 21 September 2017

The number of properties scheduled to go to auction this week is expected to surpass last week as the busiest week for auctions since June, with CoreLogic currently tracking 2,592 auctions across [...]

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By spg
In Uncategorized
Posted September 23, 2017

ABS Property Price Index Confirms the Slowdown That the CoreLogic Index Was Already Showing

Earlier this week the Australian Bureau of Statistics (ABS) released their Residential Property Price Indexes for the June 2017 quarter.  The data confirmed what the CoreLogic Home Value Index [...]

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