Some capitals saw steadier auction markets last week, while Sydney continues to power along.
The talk of a bubble continues, but are prices really overinflated? If you heed good investment sense you should be fine.
Auction results were fairly consistent over the weekend, but are still streets ahead of where they were this time last year.
In the late 1800s everyone was buying up “Marvellous Melbourne” but by the early 1890s, every land development company was in liquidation. Are there lessons..
Auction volumes rose compared with last week and Sydney’s clearance rate has been above 85% since April.
Volumes were down but buyers were still out and about on the weekend, with a clearance rate close to 80%.