Melbourne Real Estate Recap: 4 – 10 August 2012

Posted on August 10, 2012


Recap #7! Lots and lots of news this week!

  • Buying a property before it hits the market is a great strategy for buying in at the lower end of the market. Link
  • Nationally, 58% of flats, units and apartments are owned by investors. Link
  • Fall in stock levels may signal market recovery. Link
  • RBA keep rates steady at 3.5% with RBA governor saying dwelling prices have ‘firmed’. Link
  • Most Australians believe that more rate cuts are in order. Link
  • Australian economy is great shape as home values start to rise. Link
  • Housing market recovery imminent according to CommSec. Link
  • Property market worst in 20 years. Link
  • Melbourne property market is flat as a pancake. Link
  • Housing landscape shifts to apartments. Link
  • Property market is warming up for spring. Link
  • Signals that the property market has bottomed out and is set to recover. Link