Sky not so high at the top?
Monday, March 22nd, 2010What a difference a couple of weeks can make! Yes, the worm is showing signs of turning and, no, that can’t be put down to the Head of the River, the Grand Prix, Easter and school hols around the corner or increased levels of stock. We sense a change. To paraphrase an old ad: the [...]
All boom at the top? Not.
Monday, March 15th, 2010The weekend’s activities were … mixed. Even with a reported clearance rate of 87%, the top end of the market is still digesting the leftovers from last year and much remains unsold. Where competition is strong is well down the ladder: investment apartments between $500,000 and $750,000, family houses between $750,000 and $1.5 million (where [...]
Big bang. Not a theory.
Monday, March 1st, 2010It was the first big weekend of the year and it had all the signs of going off with a bang, but… That was deafening. And there are some worrying echoes. First, the big bang: There’s still a wave of pent-up demand, much of it dating back to last year. Once people have made the [...]