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And despite recessions, tech wrecks, oil crises, high interest rates, low interest rates, high unemployment, low unemployment, gfc....(insert any other local or global event that has/had the impact to cause havoc or boost the economy over the last 50 years)...residential real estate prices in...

Property prices are at risk....i agree....of increasing :)

Another generalisation.... Buying a property in a capital city in Australia is not a "high risk" thing to do. It is a necessity like food and clothing to have shelter. I get that some people will analyse the figures on everything to come to a conclusion about whether its a good bad or...

I am simple....broad sweeping generalisation coming.... For "most" average joe blow Aussies all they want is to 1. be employed so that they can buy a house pay the bills to support a family and buy some nice "stuff" when they can afford to. If we have low unemployment and low interest...

How goes finance...so goes new housing commitments. Oversimplified....probably....but if people "can" afford to get something better than they already have, they will try to do it! The ability to service now is better than 2 years ago..... I really think we may be at the start of a...

On average with us, a new order would take at least 4 months to get to site "ie" building permit issued. In January we were selling into site starts in May. Due to number of sales since then the earliest we can start building for a client who walked through the doors to get the process rolling...

Not bad for existing stock if the boom in construction is due to replacing old single dwellings with new single dwellings. It used to surprise me with what people are willing to pay for a dump in a "desirable" area just to demolish it and rebuild....it doesn't anymore. 90% of these are owner...

Actually, the start of 2013 has seen a much higher percentage of knock down and rebuild commitments. It is really this that is pushing our numbers higher. For instance in January 50% of my own personal clients were building in established areas.....not on the urban fringes in new estates...

I have a client who has knocked down and rebuilt about 6 individual homes in the last few years in the Mount Waverly/Glen Waverly area. She is actively trying to find another site and has been outbid at 5 auctions in the last couple of months. She is telling me she is offering more than...

At the coalface, right now, real on the ground info.... The major melbourne residential builder I work for has had it's biggest first quarter of sales for new orders to be built......wait for it....EVER. This is melbourne remember, the city with the highest ammount of stock on the market...