Real Estate Institute of Victoria
News and interviews on the Real Estate Institute of Victoria including trends, features, blogs and community conversations from an Australian business perspective.
Auctions market could maintain momentum through winter, sales figures suggestMonday, 14 May 2012
The auctions market has continued to perform reasonably well during the autumn slowdown, with experts and analysts saying the industry may have enough momentum to push through the next few months with a better result than last year. ...
RBA downgrades expectations for property market as confidence and industry conditions still disappoint
Monday, 07 May 2012
The Reserve Bank has downgraded its expectations for the housing market, delivering a downbeat assessment in which it says income-to-housing ratios have reached levels not seen since 2002, and that a recovery is still going to take some time. ...
Property sales will slow over summer as sellers are forced to become more realistic: Expert
Monday, 06 December 2010
The Australian property market will slow down over Christmas as sellers take their properties off the market, but will return next year with more "realistic" prices, one expert says. ...
Spring season a disappointment for property owners but pain set to continue, experts say
Monday, 29 November 2010
The dismal Spring selling season has delivered an oversupply of properties that will last well into 2011 and prolong downward pressure on prices, experts warn after another depressing weekly result in the Melbourne and Sydney markets. ...
Property prices will fall as unsold stock levels soar, experts warn
Monday, 22 November 2010
Property experts are warning prices will continue to fall into 2011 as the market becomes flooded with unsold properties, as buyers remain hesitant due to higher interest rates. ...
Clearance rates continue to fall as buyers feel interest rate pain
Monday, 15 November 2010
The already weakened property market has taken another hit with auction clearance rates dropping into the 50s in key capital cities, as buyers continue to hold back due to rising interest rates. ...
Auctions hammered by interest rate rise, experts warn more prices will be under pressure in 2011 if rates keep climbing
Monday, 08 November 2010
The property market was slammed over the weekend, with the latest interest rate rise sending auction clearance rates down to the low 60s in Melbourne as investors back away. ...
Land supply to increase as economy recovers, BIS Shrapnel predicts
Monday, 01 November 2010
More residential land will be released for development over the next five years, easing shortages in areas such as south-east Queensland and Sydney, forecaster BIS Shrapnel predicts in a new report. ...
Auction results healthy but experts warn top-end property remains patchy
Monday, 25 October 2010
The auction market is still performing strongly but vendors of higher-end properties are opting for private sales instead of risking their home at auction, experts warn. ...
Auctions market slows in Melbourne as demand falls away: Experts
Monday, 11 October 2010
The Melbourne auctions market is beginning to slow as the Spring selling season heats up, and inner-city Sydney is now becoming one of the best-performing markets in the country, real estate experts say. ...
Auctions hold up despite grand finals, but Spring selling season off to lacklustre start
Monday, 04 October 2010
The auctions market managed to hold up well despite the replay of the AFL Grand Final and NRL Grand Final weekend, but experts say sales during the first month of Spring indicate the property market will remain subdued for the rest of the year. ...
Auctions to go ahead despite AFL Grand Final but property experts clueless on how market will perform
Friday, 01 October 2010
The property market is set for a busy weekend despite the replay of the AFL Grand Final, with hundreds of auctions still scheduled for Saturday and Sunday in the nation's strongest property market. ...
Auctions market thrown into chaos, vendors likely to postpone ahead of AFL Grand Final rematch
Monday, 27 September 2010
The property market has been thrown into chaos ahead of the AFL Grand Final replay this coming Saturday, with experts suggesting many vendors will choose to postpone auctions rather than risk a low turnout. ...
Sydney property market holding up but Queensland, Perth still suffering, experts say
Monday, 20 September 2010
Property markets in south-east Queensland and Perth will continue to suffer during Spring as listings decrease and buyers continue to look for bargains, experts predict. ...
Fresh claims of property bubble off the mark, experts say, as auctions remain steady
Monday, 13 September 2010
Local property experts have cast doubt on two new reports suggesting Australia mortgage lending is out of control and we are heading towards major price shifts, instead saying current levels of lending are sustainable and a balanced "correction" in some areas ...
Prestige property values tipped to fall as spring selling season gets off to sluggish start
Monday, 06 September 2010
Prestige property values will fall during the spring selling season, especially in overheated markets such as Melbourne, with a flood of listings and fewer buyers causing sellers to discount heavily, one expert warns. ...
Private sales may take over from auctions as sellers look for higher prices during Spring selling season
Monday, 30 August 2010
Private sales may increase during the traditionally strong Spring selling season as auction clearance rates fall and house price discounting grows, property experts say. ...
Property market may be impacted by election uncertainty, experts warn
Monday, 23 August 2010
The property market could be impacted by uncertainty arising out of the Federal Election, with buyers possibly holding off on the decision to purchase or sell until a more stable government is formed, property experts warn. ...
Property owners looking to sell might need to hurry, expert warns
Monday, 16 August 2010
Property owners thinking of selling in the next 12 months should put their home on the market now in order to cash-in on recent growth before buyers start seeking more discounts in the spring selling season, one expert warns. ...
A flood of new property listings will force sellers to discount: Expert
Monday, 09 August 2010
New data shows the property market is being inundated with new listings even as auction clearance rates continue to fall, indicating market growth will continue to flatten and more discounts will appear even during the traditionally strong Spring selling season. ...
