Showing posts with label listings. Show all posts
Showing posts with label listings. Show all posts

Saturday, August 10, 2013

Less Apartments Being Sold in Brisbane


The number of apartments being sold in Brisbane are less than the number sold in the same three month period last year.

Monday, December 3, 2012

HouseNet - real estate social media

An interesting new website is HouseNet -- a social media site for property people.  The cost ranges from nothing to $79 a month, depending on what you want to use the site for.  The site is promoting itself as a replacement for Domain and RealEstate.com.au.

As an aside, RealEstate.com.au only takes listing from real estate agents.  If you are looking to rent, then don't forget to look at Domain.com.au, which also takes listings from private individuals.  So there are different opportunities available on Domain.

Friday, November 23, 2012

Agents Touching Up For Sale Photos

An article in a Fairfax publication about agents editing and manipulating photographs in real estate listings.  See Article.  So take care when looking at listings online.  The property may not look as good in real life.  Maybe such agents should be called Unreal Estate Agents?

Saturday, April 7, 2012

Domain or RealEstate.Com.Au ?

When looking for a property to buy or rent, it is worth looking at both Domain and REA.  Note that for REA, advertisements can only be placed by real estate agents.  If an individual landlord or seller wishes to advertise, then only Domain will accept the advertisement.  Accordingly, Domain will have different (and possibly more) listings than REA, and often at a better price or rent (because agents fees are not being paid.)

Sunday, May 15, 2011

Number of Listings


RP Data reports:

"The number of new properties advertised for sale has recorded a large fall over the week, down -9.6%. Despite the fall, new listings remain at above average levels and are 13.4% higher than they were at the same time last year. New listings have been trending lower across the combined capital cities since mid March and fell by-3.7% last week to their lowest level since early February of this year."

The statistics don't look good for sellers in Queensland, but buyers should be very happy.

Tuesday, March 22, 2011

Properties Advertised For Sale

From an RP Data newsletter, relating to Australian property advertised as for sale:
"The number of new properties advertised for sale increased by 2.8% last week. The number of newly advertised properties for sale is currently 20.5% above the 12 month average and 23.3% higher than it was at the same time last year. The total number of properties advertised for sale increased by 1.7% last week. Total advertisements are 13.1% higher than the 12 month average and are 23.6% higher than at the same time last year. With so many properties available for sale and few active buyers, vendors are going to have to offer competitive pricing if they wish to sell."

See Chart, that shows $41 billion of property for sale in Queensland. There are more properties listed for sale in Qld than in any other State.

Saturday, December 4, 2010

Brisbane Market About To Get Worse?


RP Data reports the following:

"The number of properties being advertised for sale nationally has risen sharply during the spring selling season of this year and the current volume of stock on the market is higher than those levels recorded during the depths of the GFC. ...

Across the major states, total listings are at the highest levels within Queensland. Across the state there are currently 75,655 properties advertised for sale which is the highest volume since RP Data started tracking listing volumes in 2007. ...

Despite Queensland being the country’s third most populous state, the number of property listings in Queensland are 15% higher than what is being recorded in New South Wales and 61% higher than Victorian listings. Since September 2009, Queensland has consistently recorded a greater volume of stock advertised for sale than that within New South Wales. ...

Within Brisbane and Hobart the number of properties advertised for sale are at their highest level since the beginning of 2007. ...

The real test for the property market will be around February of next year. Last time listings mounted to similar levels as they are currently the number of properties advertised for sale did not return to the pre Christmas levels. During the other two post Christmas periods detailed the volume of listings rapidly returned to pre Christmas levels in February. Should listings return to current levels it will indicate that there are many vendors who, for one reason or another, are willing to brave the slow market conditions and press ahead with the sale of their home. If listings don’t return to their current levels around February it probably means that many vendors have reassessed their position and preferred to hold off selling until conditions improve. Overall, listings data during the early part of 2011 will provide a very timely indicator and significant insight into the overall health of the Australian residential property market. "