by Greg Cooper | Aug 23, 2022 | Uncategorized
The summary version? Both are going down. No real surprise there. But the recent REIV* figures are a bit of a surprise. The monthly price index (you’d need to be a statistician to understand the formula) is showing a rapid drop. The latest report released today...
by admin@lgtdigital.com.au | Mar 6, 2021 | Uncategorized
Far from the price collapse predicted 12 months ago, our property market is currently showing extraordinary strength. Whilst Melbourne is still behind the national averages, due to our prolonged lock-downs and business disruption, we are recovering quickly. Price...
by admin@lgtdigital.com.au | May 16, 2020 | Uncategorized
When credible players in business start talking about extraordinary falls in value for Australian property, we should all pay attention, right? Well yes. But we need to really pay attention, not just read the headlines. Commonwealth Bank did not predict drops of 32%...
by admin@lgtdigital.com.au | May 2, 2020 | Uncategorized
Generally speaking, property prices don’t move quickly; more like a large ship turning. But they are nearly always moving up or down. Once it is clear which direction, the strange thing is that buyers and sellers tend to think the direction will continue to get...
by admin@lgtdigital.com.au | Mar 21, 2020 | Uncategorized
Either the sky is falling or this event is overblown. These have been the two extreme views of this unfolding crisis (if we overlook the ever present conspiracy theorists). Which one is it? Fortunately, over the last two weeks, the overblown camp have reversed their...
