Month: August 2007

August 20. Market’s hunger pangs on

Australia?s love of property continues. The pundits’ predictions of the market cooling in light of last week’s sharemarket turbulence was a non-event. If anything, there’s an even greater appetite for property. The market is still hungry. In some cases there were queues at open-for-inspections. The top sale of 14 Maple Grove, Toorak, at $9,120,000 against …

August 20. Market’s hunger pangs on Read More »

While it was reported investors would hold back on the weekend, they clearly were not reading the newspapers. World equity markets were in turmoil and Melbourne’s upper-end residential market did not skip a beat. If anything, it rose to new heights. Yes, people still want to buy better houses and they’re voting with their cheque …

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