BY Mal James 20th June 2009
It’s 6pm Saturday and we have been to 16 auctions (less than usual because there is a real shortage of $1 million-plus auctions that are worthwhile covering) and the James Clearance rate is 81 per cent.
Please note our Chinese translation and Wormy to the right (our price opinion and a general guide [...]
BY Mal James 30th May 2009
It’s 6pm Saturday and the James Clearance Rate stands at 59 per cent on the 27 auctions we attended. Yes, a drop-off from past weeks, but there should be a mop-up over the next week and, if there is, then it’s more of the same in a warming market.
Please note James Market News is now translated into Chinese [...]
BY Mal James 23rd May 2009
The James Clearance rate stands at 83 per cent on the 23 auctions of million-dollar-plus properties we attended today.
Please note James Market News is now translated into Chinese by Su who now works with us and can be viewed by clicking button to the right of this column.
This weekend, we thought you may be interested to read part [...]
BY Mal James 16th May 2009
It’s 6pm and the James Clearance Rate stands at 63% for Melbourne’s million-dollar-plus homes. It’s down from last week, but it’s a stat that doesn’t truly reflect the market right now, as the market hasn’t dropped its intensity of the past few months.
All markets reflect human needs, wants and desires. Today’s drop [...]
BY Mal James 9th May 2009
It’s 6pm Saturday and the James $1 million-plus auction clearance rate was over 86% on the 22 auctions we attended. 86% on 22 auctions – hello.
It’s hard to believe we are supposedly in a recession.
Hard to believe indeed when you’re standing across the room from one of your experienced competitors Chris Koren [...]
BY Mal James 2nd May 2009
It’s 6pm Saturday and the James $1 million-plus clearance rate is 77%. The market seems healthy at present. Today’s Herald Sun said the market had fallen in price and that is correct; however, if there was meant to be an implication that the $1 million-plus market is today dead or in the [...]
BY Mal James 4th April 2009
At 6pm Saturday, as we go to press, the James Clearance Rate stands at 50% from the 20 we reviewed and attended. Some interesting results below.
This result is slightly weaker than expected after last week’s stronger than expected results and shows how this current $1m+ market is on a stock level edge. More available stock and [...]
