Sydney real estate agent Tom Panos recorded the worst auction day of a 30-year career as national clearance rates fell to 54.2 per cent and many sellers grew too scared to publicly list their properties. Leading auctioneer Tom Panos told his hundreds of thousands of social media followers that Sydney, Melbourne, and Brisbane are carrying … Read more
Australia’s housing market has moved into a downturn for the first time in more than three years, with national capital city house prices falling 1.4 per cent and unit prices dropping 1.2 per cent in the June quarter. According to data from the online real estate company Domain, this shift follows three years of uninterrupted … Read more
Hundreds of property auctions took place across the country on Saturday, with prospective first-home buyers showing renewed optimism following the introduction of significant tax reforms. At one auction for a South Melbourne apartment, a successful bidder who had spent over a year searching for a home expressed support for the changes. She noted that the … Read more