Market Jitters EASING

Written By Claudio Cuomo

Happy STOP raining in Melbourne Day. We hope you've stayed DRY in the past days of crazy Melbourne weather and weathered the STORM.. As it seems with property market, the clouds are parting and the market jitters easing with some renewed consumer confidence starting to emerge as the RESERVE BANK of AUSTRALIA slows down their Interest Rate lifting cylce.

Although the general market expectation is that some further rate rises are still to come, the recent smaller 0.25% cash rate lift and the meeting minutes released in the past week, indicate language and adds to the general feeling that we are getting closer to the terminal cash rate target for this cycle.

To assess some of the recent KEY FACTS:

  • Healthier clearance rates than expected are currently occuring

  • The WORST price fall fears from all the 'So Called Experts' haven't eventuated

  • 195,000 people in MIGRATION over the coming year, very likely to INCREASE demand

  • Interest Rate uncertainty is now easing amongst consumers who know what to deal with

All in all it seems the signals are quite clear now that the property market is soon to turn the proverbial corner. You can read this full artcile by news editor Shannon Molloy by CLICKING HERE or simply HIT the IMAGE below.

 
 

The week's OFF-MARKET and YET to be Photographed homes:

  • 2/37 Danin St, Glenroy: SINGLE Level Gem, Coming soon..

  • 2/37 Sylvan Gr, Pascoe Vale: STREET Facing Family Starter, Coming Soon..

  • 3/125 South St, Hadfield: CUTE Villa, Coming Soon..

  • 3-5 Liza Crt, Glenroy: HIDDEN Big, Bald & Beautiful, Coming Soon..

  • 1B Ann St, Pascoe Vale: LOCATION Plus, Coming Soon..

The week's NEWEST home to market at C+M Residential:

The week's local SOLD results at C+M Residential:

This Week C+M Also COVERS:

  • Market JITTERS Easing..

  • Book a CURRENT Market PRICE Check.?

  • Clearance Rates & Auction No's#

  • Your Suburbs SOLD Results

  • Laugh Of The Week..

 
 

Book a CURRENT PRICE Check?

Like to BOOK in your PRICE CHECK meeting or discuss planning your options before XMAS..

Well why not.? BOOK in your complimentary ONLINE 'PRICE CHECK'  online today.

It's quick and easy. Simply CLICK HERE or HIT the IMAGE below, and follow the 3 easy Steps... 

 
 

Auction Clearance STATS:
15/10/22

*preliminary results based on REIV results for the past 7 days

 
 

Your suburbs SOLD results:

 
 

THOUGHT of the WEEK:

 

“ Do you want to blend in, or STAND OUT.. ;-) “

 
 

Unmistakably Yours - The Claudio Cuomo Team

Claudio and team,

Need more specific information relating to your property? Or have property related questions..?

Just call the Claudio Cuomo Team - 'Your Area Specialist' and local friends in real estate.

Claudio Cuomo
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