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  1. see_change

    Is Market Sentiment Changing

    Looks like it could have been a temporary dip . Prices back up in June 1.7 % after a 1.1 drop in May . Personally I think the gloom around the budget had a lot to do with that . Cliff
  2. see_change

    Is Market Sentiment Changing

    Not sure of the specifics re west Gosford , but we at central coast mid / end of last year . The lower coast had already moved to an extent at that stage whereas up around Toronto was just starting to wake up . We decided to go to Brisbane instead , with the land tax being a significant...
  3. see_change

    Is Market Sentiment Changing

    OK , as I predicted ... though we didn't need to get up to 80 % clearance rates to get it . Clearance rates are around 75 % . Now we had a headline in the papers saying the market is now hot again . From the Financial review so it must be true ...:rolleyes: Sydney, Melbourne real estate...
  4. see_change

    Is Market Sentiment Changing

    Weekend clearance rates ( APM ) June 14th for Sydney Now up to 76 % . If it cracks 80 % I'll be interested if we get a " Sydney property market booming again ..... " headline from the papers again . Cliff
  5. see_change

    Is Market Sentiment Changing

    Hi bumpkins Thanks for your considered reply :) . Certainly from that long run of > 80 clearances , rates dropped . Will be interesting to see what happens from here on in . In our area of interest , most properties have been selling and very little has come on the market in the last month...
  6. see_change

    Is Market Sentiment Changing

    Maybe you don't value your opinion , or that of others , but there are some people on this forum who value the information given on this web site . I know I do . The general info and specific deals I've picked up though the gained from this web site over the last ten years have changes our...
  7. see_change

    Is Market Sentiment Changing

    I really don't see how you can look at the APM graph and come up with that statement . If you wanted to say stable , I couldn't argue with that as the increase over the four week before this weekend was small but IT WAS INCREASING ......and then we have a 1 % drop for the last week . Hardly...
  8. see_change

    Is Market Sentiment Changing

    Who said anything about buying ? I'm sitting on the sidelines watching prices go up ;) . How's Cairns going ? How much has palm cove gone up and what sort of returns can you get for a nice 2-3 BR unit a block back from the beach ? Cliff
  9. see_change

    Is Market Sentiment Changing

    I don't expect it to go lower ...... Unless there were consistent signs of a slowing economy . I'm not an expert , but I think our rates are high by world standards , hence part of the reason for the continued high dollar . Cliff
  10. see_change

    Is Market Sentiment Changing

    It will be interesting to see what happens in the next few weeks . We're watching our target market very closely as we're planning on selling our PPOR Within the next year . A month ago I was more concerned as the agents were talking about more property coming on the market and there was...
  11. see_change

    Is Market Sentiment Changing

    The lower end is still hot ... 1.3 mill for a house is lower end . Seeing the increasing clearance rates on the graph I linked , I'm wondering if the last couple of months of relative sanity is just the market catching its breath as it has adjusted to the increase over the last year . I'd...
  12. see_change

    Is Market Sentiment Changing

    Then we have clearance rates at 79 % for sydney .. This graph shows gradually increasing clearance rates over the last few weeks http://apm.domain.com.au/Research/AuctionResults/ Went to an auction on Friday . Hot competition for the properties under 1.5 and apart from one 3 mill plus...
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