Real Estate Logic has launched an AI-powered Interactive Voice Response (IVR) system designed to transform real estate interactions. This pioneering solution simplifies how property buyers access essential listing details and engage with vendors, offering a convenient experience for all parties […]
Figure 1. Cash rate target Australia Figure 2. REIV Residential Market Index.. As projected back on May 13th, the market has transitioned from a robust seller’s market to a more balanced one, maintaining price stability since July. The question now […]
Figure 1. RBA cash rate In a move that has sent shockwaves through the market, the Reserve Bank of Australia (RBA) has announced yet another interest rate hike. This 12th consecutive increase of 25 basis points and warning for more […]
In the previous post “Analyzing Melbourne’s Eastern Corridor Property Market: Insights from Suburban Data“, we investigated the property market by assessing the auction success rate within 3 groups of suburbs based on their degree of attraction to the Asian community. […]
Figure 1. REIV RMX property index. When assessing the property market in Melbourne’s eastern corridor, it is important to delve beyond the broad strokes provided by the REIV RMX. By examining sales data from 17 carefully selected suburbs, grouped according […]
The market is shifting to be more balanced An extreme shortage of listings in Q1, skyrocketing rents, and unprecedented immigration are currently outweighing the RBA‘s aggressive rate hikes, fuelling the unexpected price rebound. (news.com.au) The current property market is still […]
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