Preliminary data from CoreLogic indicates house prices in Sydney may be starting to cool. Auction activity resumed in full on the weekend following the Easter break, and the figures showed that weekly clearance rates nationally were 72.1%. Sydney and Melbourne continue to lead the market, both tracking above 75%: Although […]
UBS Wealth management released a new global property index overnight. It’s an index the bank says is “designed to track the risk of housing bubbles in global financial centers,” with a focus on the long term “norm point”. Looking at global financial centres is an interesting way to judge like-for-like, […]
Don't buy just because prices are rising.