Australia Ranked 7th Highest Property Price Growth – Weekly Real Estate Market Update with Leigh Martinuzzi
Weekly Real Estate Market Update with Leigh Martinuzzi This week Australia ranked seventh out of 55 countries for the highest annual price growth, according to research provided by Knight Frank’s Global House Price Index. This was based on the annual property price increase to the end of June 2021, which in Australia was 16.4%. The […]
The Spring Selling Session is Underway by Leigh Martinuzzi
The Spring Selling Session is Underway by Leigh Martinuzzi Typically, spring is a strong selling session in Australia with many homeowners deciding to sell and make a move before Christmas. In Australia what has been observed in the past is an average spike in the number of new listings by approximately 16%. In Queensland, as […]
Queensland Market Set to Surge – Weekly Real Estate Market Update with Leigh Martinuzzi
Weekly Real Estate Market Update with Leigh Martinuzzi CoreLogic reports that over the year ending August 2021 there have been 598,000 house and unit sales across Australia. This is an increase in sales by 42% on the previous year and the highest number of annual sales since 2004. In Queensland, we’ve seen an even […]
Are Lockdowns the Reason For Increasing House Prices?
Are Lockdowns the Reason For Increasing House Prices? Why are the lockdowns are not having an adverse impact on property prices in Australia? One would think that lockdowns and the COVID pandemic would have sent the economy into recession and caused property prices to plummet however, we’ve seen one of the best years on […]
A High Demand Market – Weekly Real Estate Market Update with Leigh Martinuzzi
A High Demand Market – Weekly Real Estate Market Update with Leigh Martinuzzi This week the REA buyer demand index shows an increase in demand across the nation by 0.5%. In Queensland, we’ve seen a spike of about 1.5% to 168.4. This number represents the number of people looking at “buy” listings on realestate.com.au. What’s […]
Fastest Annual House Price Growth Since 1989
Fastest Annual House Price Growth Since 1989 Australia has experienced phenomenal annual house price increases this year that according to Tim Lawless, Research Director at CoreLogic, is the fastest pass of growth since 1989. National housing prices in Australia back in the late 80s rose as much as 31%. Although what we are experiencing now […]
Weekly Real Estate Market Update with Leigh Martinuzzi
Weekly Real Estate Market Update with Leigh Martinuzzi It appears that for many of us here in Australia, we are becoming settled to the “new normal” of how we do things due to the lasting effects of the COVID pandemic. Uncertain times indeed, however, as a species of progression and with an innate desire to […]
Aussies Are Staying in Their Homes for Longer
Aussies Are Staying in Their Homes for Longer Ten years ago, it was reported that on average, across Australia, people staying in their housing for approximately 7.5 years before getting the moving itch. Nowadays, with the rising prices of houses and the uncertainty of finding something suitable with falling availability, people are staying put for […]
Total Dwelling Approvals Down in July
Total Dwelling Approvals Down in July Total dwelling approvals in July fell again, this time by 8.6%. Building approvals have been falling since the peak back in March where Australia saw approvals climb by 19.1% in February and a further 16% in March. Overall approvals for the 2021 financial year were up 42.8% from the […]
You don’t need a real estate agent to sell your home! – Real Estate Myth
You don’t need a real estate agent to sell your home! Real Estate Myth Written by Leigh Martinuzzi The truth is that you don’t! Just as you can sell your car, your radio, and your rarely used jetski online, so can you sell your home or investment property. There is no license or government […]