Posts Tagged ‘leasing’

Market Acceleration

Let me get straight to the point. Whilst there is a clear and valid focus on the extraordinary demand evident across the residential housing market, I think it important to highlight we are seeing a different level of demand for apartments. There is a two-speed market in place across Sydney right now and that does have consequences. It’s like right now everybody wants a house. Not just a home….they want a house. Perhaps it’s a response to the reality of living through COVID lockdown in an enclosed space, or maybe it’s a response to limitations on holidays and overseas travel but the difference... View article »
Posted in Ewan's Blog on 17th March, 2021

That little bit more

The release of the latest statistics certainly confirms the anecdotal evidence that we have entered very interesting territory in terms of the market. It raises heart rates and expectations but also some complications. The February Cooley Index reported an auction clearance rate of 84% with a staggering 85% of results secured above the reserve price. That is extraordinary and it’s equal parts terrifying for potential buyers and exciting for potential vendors. To be brutally honest it is also quite terrifying and exciting for real estate sales agents! Our team monitor market activity very closely. We watch the macro numbers coming out which reflect generic activity and... View article »
Posted in Ewan's Blog on 10th March, 2021