Posts Tagged ‘SMH’

Homes still in short supply

In these times of lower auction results, and tales abounding of property bargains galore it might seem a bit unbelievable to be talking about a housing supply issue.

Many vendors are probably thinking that the only supply issue they have right now is that there’s too many properties on the market. But behind the scenes there’s still plenty of talk about how we’re not building enough houses by number crunchers who … Read the full post »

Steady Rents Give Tenants an Advantage

Rents in Sydney stayed flat in the three months to June, giving tenants the upper hand in negotiations with landlords, a report says. The typical rent proposed by owners in Sydney stayed at $450 a week in the June quarter as rents stalled in all capital cities, but analysts said the good times for tenants could be shortlived. It is the second quarter in a row during which asking rents … Read the full post »

Prices are on the Move

In spite of the predictions of some so called Real Estate experts (e.g. Steve Keen & Neil Jenman) property prices have definitely increased. Officially home values in Sydney have increased by 5.1% and unit values by 5.4% (SMH July 18-19, 2009). Considering that the top end of the market has fallen significantly, some areas must be doing very well. If we consider some of our sales data we can see … Read the full post »