Another strong performance for Ray White Victoria (Week ending 4 May) with a clearance rate of 78% from 68 auctions reported. (An interesting stat is that we consistently auction close to 10% of the total auction market each weekend)
Victoria clearance: 70% from 704 auctions (Source: REIV)
The REIV expects there will be more than 3,000 auctions to be held in May, with the long-term average clearance rate for May being 70%.
There’s no doubt about it, our little ones need plenty of rest to help their growing bodies thrive — here’s how to make it happen. The research says that primary school-aged kids need between nine and 11 hours of uninterrupted sleep, while kids aged 14 to 17 years need eight to … Read more
RBA holds rates at 3.60% as inflation resurges to 3.2% annually. Labour market weakens with unemployment rising to 4.5%, leaving the central bank walking a narrow line between price pressures and economic growth. The Reserve Bank of Australia has held the cash rate steady at 3.60 per cent, opting for … Read more