How a football game and a horse race determine a city’s auction schedule

##Flemington

Our auction clearance rates in Melbourne have grown quickly since the Federal election and the reason for this has been the perfect combination, (or perfect storm, as buyers would see it) of a heightened positive buyer sentiment and tight stock shortage. Vendors seem to be the last to catch on to the fact that a…

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Resetting Price Expectations

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When markets adjust abruptly, typical analytical routines can become very challenging. In the property industry, the reliability of relevant data such as comparable sales comes into question, and it’s not just agents who struggle to keep up. Buyers and vendors also experience confusion around price expectation because their data points are changing at a rapid…

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