Preparing For Spring Selling Season 2022 – with Leigh Martinuzzi MPG
Preparing For Spring Selling Season 2022 Weekly Real Estate Market Update with Leigh Martinuzzi MPG Although we saw another cash rate increase last week, the first week of August has already seen a little more activity in the real estate space. I notice auction clearance rates and sales by private treaty, particularly in our southern […]
RBA Raises Cash Rate a Further 0.5%… What’s Next? with Leigh Martinuzzi MPG
RBA Raises Cash Rate a Further 0.5%… What’s Next? Weekly Market Update with Leigh Martinuzzi In Australia, inflation now sits around 6%, with forecasts that it may reach nearer 8% by the end of the year. However, if the RBA’s plan works out, by lifting the cash rate, as they’ve been doing, we […]
How Far Will Interest Rates Rise? + 2022 Property Price Forecast – with Leigh Martinuzzi MPG
How Far Will Interest Rates Rise? + 2022 Property Price Forecast Weekly Real Estate Market Update with Leigh Martinuzzi MPG The RBA is committed to keeping inflation in the 2% to 3% range and at the moment it’s well above this. According to the RBA Governor Phillip Lowe, their goal is to lift […]
Is the Property Market About to Collapse? – Market Update with Leigh Martinuzzi
Is the Property Market About to Collapse? Weekly Market Update with Leigh Martinuzzi MPG The property market continues to soften as we move through Winter. With the school holidays out of the way, we expect to see a bit more activity however, with the continued talk of more interest rate rises buyer sentiment is […]
Winter Markets Slow As School Holidays Begin with Leigh Martinuzzi MPG
Winter Markets Slow As School Holidays Begin Weekly Real Estate Market Update with Leigh Martinuzzi MPG The winter selling season is well and truly underway, which typically means fewer sellers coming to the market, at least in the southern states. On the Sunny Coast, with a climate that’s more temperate, we don’t see such […]
Inflation to Reach 7% = Further Interest Rate Hikes with Leigh Martinuzzi MPG
Inflation to Reach 7% = Further Interest Rate Hikes Weekly Real Estate Market Update with Leigh Martinuzzi MPG This week the RBA governor made a few comments about the rising inflation rate suggesting it will reach 7% by the end of the year, “perhaps the worst period of inflation we’ve ever seen”. Currently, inflation […]
Hot Local Market as Rates and Inflation Rise with Leigh Martinuzzi MPG
Hot Local Market as Rates and Inflation Rise Weekly Real Estate Market Update with Leigh Martinuzzi MPG Australia’s property market moves in cycles, running through a series of booms, downturns, stabilisation, and growth. An article I recently wrote highlights a series of movements over an 18-year cycle (read here). It is clear now that we […]
Cash Rate Increase by 0.5% to 0.85% as Buyer & Seller Confidence Wanes – by Leigh Martinuzzi MPG
Cash Rate Increase by 0.5% to 0.85% as Buyer & Seller Confidence Wanes Weekly Real Estate Market Update with Leigh Martinuzzi MPG This week we continue to see buyer and seller confidence lower as the property market continues to flatten. Brisbane saw a further 0.3% price rise in the past week while Sydney […]
The Winter Selling Season is Upon Us – by Leigh Martinuzzi MPG
The Winter Selling Season is Upon Us Weekly Real Estate Market Update with Leigh Martinuzzi MPG Australian dwelling prices across our capital cities for May are down 0.3% which is largely thanks to the likes of Sydney and Melbourne. In Brisbane, we have seen growth slow to 0.8% in May and locally here on […]
Post-Election Market Wrap – By Leigh Martinuzzi MPG
Post-Election Market Wrap Weekly Real Estate Market Update with Leigh Martinuzzi MPG With the election now behind us, we can expect the property market activity to pick up a little. However, it may not be a frenzy that many have become used to. Our markets on the Sunshine Coast are very much driven […]