The latest property insights from the Domain Research House
The RBA made no changes to its unprecedented stimulus package announced two weeks ago, but there is scope for more aggressive action if the economic downturn is deeper and longer than expected.
April 4 was due to be the busiest Saturday of the year for Melbourne's auction market. But Saturday's auction clearance rate dropped to a record low as a surge of vendors withdrew from auction.
Saturday's auction clearance rate dropped to a near-record low as a surge of vendors withdrew from auction in response to the government banning on-site auctions.
Melbourne’s auction clearance rate for March was 52 per cent, the lowest monthly result since April 2019.
The temporary ban on holding onsite auction gatherings changed the way property is transacted overnight.
The clearance rate is one of the most timely measures of the state of the housing market. Here's how it's worked out, and what it can tell us about sentiment and prices.
A rise in new rental listings in the second half of March in response to the coronavirus will likely push the rental vacancy rate higher across Australia in coming months.
Saturday's auction clearance rate dropped to a near-record low as a surge of vendors withdraw from auction in response to the government banning on-site auctions.
Saturday's auction clearance rate dropped to a near-record low as a surge of vendors withdrew from auction in response to the government banning on-site auctions.
Banks have promised to defer mortgage repayments for people who lose their jobs. But will the government assistance be enough for them to keep paying their mortgage off?
