Marketnews Archives

All the talk is about Price and the Market. We investigate what makes up price and its not just the macro market. Price comes from 3 market taps = Macro + Micro + Individual

All the talk is about Price and the Market. We investigate what makes up price and its not just the macro market. Price comes from 3 market taps = Macro + Micro + Individual

Eco Joe below, is not primarily about bagging economists – Eco Joe is about highlighting that reported predictions seldom match reality with regards to A-grade family homes.

PIC: THE AUSTRALIAN

So yes, the market noticeably improved this week. In fact, today was the first noticeable overall up lift or stabilisation since Cup Day 2021. Whilst we are nowhere near where we were on Cup Day 2021 in terms of price (5%-10% off), nor does one rosella make a spring – however it was a good week, relatively speaking… the ALBO PEP!

Currently the momentum is down or falling. A week of bullshit or spin commentary from almost every property expert who described the market as balanced. When you are on a chair having too many drinks and then you find yourself on the floor – you haven’t balanced, you have fallen.

Welcome to the Marketnews pre-game for 2022’s second buy sell season the MAY 100 Auction Test – it promises to be one of interest for the spectators and one of triumphs and tribulations for the players.

Today’s snapshot: There is no doubt that the mainstream media is increasingly reporting the winds of change. Those winds actually began a full six months ago on Cup Day 2021.

So, whilst some are late to this news, marketnews readers have been operating with knowledge of this, for that full six months.

We bought in 2013. We sold in 2022. A Top End story of Provenance, PPP’s and Processes.

$38m Lockdown Buy Sell
We started with one couple (R&L) in 2005 on a $1m buy. We started with the other couple (J&C) in 2013 on a $2m sell. We completed for both in Lockdown with $38m of buy sells.

The Mexican has started. Lets see how many laps of The G he and she does.