Recent Commentary
Property engine starts to rev again
There is still heat in the market with auction clearance rates picking up and the number of days it takes to sell a property falling.
Buy, Sell, Hold – what the brokers say
Health care and retail companies were under the microscope this week, with upgrades for Pacific Brands and Resmed and downgrades for Ramsay Health Care and The Reject Shop.
The state of the property market
It was a slow, cold week for property, but the next few weeks will show whether we’re about to see a downward trend, or just a welcome softening in prices.
Buy, Sell, Hold – what the brokers say
There have been more downgrades than upgrades so far this week, with a general theme around disappointing earnings forecasts. Sonic Healthcare and UGL were upgraded.
Market bobs back up
There is still some heat in the auction market, as the clearance rate headed north again. Record volumes at auctions are meeting improved demand from buyers.
Buy, Sell, Hold – what the brokers say
Insurance companies and miners were under the spotlight this week. QBE and Towers were upgraded, while Suncorp, along with Regis Resources, scored downgrades.