BY Gina Kantzas 18th August 2012
This week our discussions were about uncertainty and how it can affect buyer decisions. At the moment there is uncertainty about the new stock levels coming on to the market (we’re hoping for more choice in Spring), there is increasing uncertainty regarding banks’ preparedness to lend (see our Market Insight article); and there may also be [...]
BY Mal James 11th August 2012
At 6pm on Saturday, the James $M+ Clearance Rate was 60% across the 30 auctions we attended.
The Weekly Review Bidderman was 1.3 bidders per auction. This confirms our view that while the market is looking okay when you look at clearance rates, it is thin on the ground when it comes to bidders. Almost two [...]
BY Mal James 4th August 2012
At 6pm on Saturday, the James $M+ Clearance Rate was 44% across the 25 auctions we attended.
The Weekly Review Bidderman was 1.4 bidders per auction.
Market Summary
The market continues to be unexciting in terms of stock levels. There were only 40 or so $M+ auctions this weekend in Inner East and Bayside, when 70 is a [...]
BY Mal James 28th July 2012
At 6pm Saturday, the James $M+ Clearance Rate was 46% across the 24 auctions we attended.
The Weekly Review Bidderman – 1.8 bidders per auction.
Market Summary
Welcome back to Marketnews after a month’s hiatus. When we left you last month, the fridge door had opened on the market and the mood was a little sombre. July hasn’t really [...]
BY James Buyer Advocates 23rd June 2012
Saturday was a reasonable auction day in Boroondara, with the million-dollar-plus market bouncing back with a clearance rate overall of 71% and Bidderman at 1.5 – compared to last week at 45% and 1.4 respectively.
I couldn’t say however that there were any runaway prices here. The result was mainly due to vendor adjustment to the [...]
BY Mal James 23rd June 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 66% on the 29 auctions we attended. The Weekly Review Bidderman, our demand indicator, was 1.5 bidders per auction.
Clearly there was a distinct improvement in the number of minds meeting in terms of price this weekend. But we believe that in June 2012, despite lower stock [...]
BY James Buyer Advocates 16th June 2012
There were pass-ins galore this weekend in Boroondara. While numbers at auctions were reasonable, with many perhaps keen to witness for themselves the train wreck that [...]
BY Mal James 16th June 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 45% on the 29 auctions we attended, showing cooler market sentiment on low stock levels. The Weekly Review Bidderman, our demand indicator, was 1.4 bidders per auction, which was a rise on the figure before the long weekend – although it didn’t feel like [...]
BY Mal James 2nd June 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 57% on the 28 auctions we attended. The Weekly Review Bidderman, our demand indicator, was a very weak 1.1 bidders per auction.
Market Summary:
It wasn’t just the weather that was cold this weekend – so was the general mood at auctions across the board. [...]
BY Mal James 26th May 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 59% on the 32 auctions we attended. That figure has been fairly consistent all through May. The Weekly Review Bidderman, our demand indicator, was 1.6 bidders per auction, which has also been consistent throughout May. $M Auction Stock levels were around [...]
BY Mal James 19th May 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 55% on the 31 auctions we attended, down on last week. The Weekly Review Bidderman, our demand indicator, was steady at 1.6.
Market Summary:
From the results over the past few weeks, it could be easy to conclude that the market is a bit all over [...]
BY Mal James 12th May 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 68% on the 28 auctions we attended.
The Weekly Review Bidderman, our demand indicator, was 1.6 bidders per auction. There are buyers out there for the A graders and well priced B graders.
Market Summary:
We said last week the market was cool and it was. Agents were glum [...]
BY Mal James 5th May 2012
At 6pm on Saturday, the James Clearance Rate for the $M+ market was 55% on the 33 auctions we attended.
The Weekly Review Bidderman, our demand indicator, was at 1.6 bidders per auction.
Market Summary: Overall the market continues to show us that well priced quality homes have a very solid following – as you’ll [...]
BY Mal James 28th April 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 74% on the 23 auctions we attended.
Welcome back after an extended Easter break. As you were probably aware, there has been nothing to report auction wise until this weekend. Even this weekend it hasn’t been much – in terms of numbers anyway.
Overall the market [...]
BY James Buyer Advocates 28th April 2012
