Category: Monthly

Well the trade war is on again, but it’s far from clear what it will do to the Victoria market.  On the negative side, it’s bad for consumer confidence and likely to drive up unemployment,...

Who knew 2025 would bring such uncertainty so quickly?   Despite the pause on tariffs, the country is on edge, with measures of economic uncertainty spiking to levels we haven’t seen in decades. Just a few...

The market started picking up in September, detached went on something of tear in October, and November brought continued strong activity, this time more broadly across all residential property types.  Make no mistake, this is...

As discussed last month, the market set up and achieved a big outperformance in October. In fact with 654 sales, activity was 61% above last year’s total, even stronger than my estimate of a 30-50%...

After a surprisingly slow start to the month, September ended stronger, with 571 sales up 16% over last year.  New lists were also up, but only 11%, leading to slightly tighter conditions from a sales...

This post is 2 years old. The data and my views may have since evolved.August ended with 545 sales and 1043 new listings.  Year over year that’s the same number of sales and slightly (4%)...

This post is 2 years old. The data and my views may have since evolved.Though July’s 650 sales were up 9% from last year, the reality is the sales rate was unchanged, with the increase...

This post is 2 years old. The data and my views may have since evolved.June came in at 661 sales, down 6% from last June.  That number though is misleading, given the two fewer business...

This post is 2 years old. The data and my views may have since evolved.It’s the start of the spring market, and so far it’s a little lacklustre.  Sales in March came in exactly where...

This post is 2 years old. The data and my views may have since evolved.The leap year saved the market from year over year sales declines, with 29 sales reported on the 29th bringing us...