Empower Blog Auction Clearance Rates

RBA Rate Decision – December 2015

Yes, it is the first of December and I still have the remnants of my mustache from Movember. Trust me, it will be gone by tonight. Just a busy morning. Anyway, I'm not here to talk about my mustache and Movember but thank you to those who donated. It is very kind of you. Let's talk about the RBA. As widely anticipated, and it is pretty much unanimo...

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Why Does Generalised Commentary Help No-one?

It’s fair to say that the introduction of the internet in the real estate space has seen a vast transformation in the amount of information we have available to help us better understand the values of property, but in reality the average consumer is still being short changed with the data that really matters. I recently read an article about a 1...

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Spring Season – Real Test For Prices

It’s well commented on that Spring is the time that the Real Estate market becomes the most active in terms of new listings and buying activity across pretty much every state. It’s the time of the year when the garden presents the best and the weather sees buyers coming out of winter hibernation, so sellers think they are going to get the be...

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Market Softening a Good Thing

It’s with some relief that I report early signs of a softening in the Melbourne Housing market after a rapid run, where the median house prices grew by as much as 30% in the past 12 months. Increases of such magnitude are unsustainable over an extended period of time, which can lead to bubbles forming and we all know that eventually happens to bu...

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State of the Property Market – Melbourne & Sydney

Congratulations to those holding property anywhere where the majority of sales are occurring via Auction, because your house or unit value is on the rise. Based on Property Market Activity its going to run pretty hard for the next 3 months, until interest rates increase from these record lows and market sentiment for property declines, but this is ...

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Property Prices on the Up – Investors coming back….

It appears in just a couple of months that sentiment and actual property prices have come full circle, from the gloom and doom being reported back in March / April of this year.  The logical reason for this is that the data that most analysts report, such as the Real Estate institutes in each state, is up to 2 to 3 months following the actual resu...

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