Sell with Confidence
Read More

Bi Monthly Market Update

By Jody Fewster

Demand driving prices higher & higher…

  • Global stimulus is proving a boon for equity markets; though some commentators ‘think’ valuations might be nearing the point of “a correction”.
  • Earlier last week US markets surged on hopes of new stimulus with the Democrats gaining the power of both the Senate and House of Representatives.
  • Rolling border closures are causing concerns for tourism businesses,but WA is faring better than the other states.
  • S&P ASX-200 is trading down slightly at 6,673and the Aussie dollar is at US 77.21c.
  • Iron Ore (currently trading at $US 169/tonne)continues to shine with the State Government on track to announce a surplus of $3.7 billion on the back of the current price rises.
  • After a six week advance to $US 1900 an ounce last week, Gold is now trading at $US 1,860 an ounce.
  • REIWA reported that December saw a 42.5% jump in home sales over last year. Stock levels remain incredibly tight and buyers are desperate for homes.
  • I and my team are well-rested and excited to be back in the office.
  • Call me for a Customised Sale Plan or I’d be delighted to simply discuss your Property’s full potential in this Seller’s Market.  

Authored by Jody Fewster

Please call 0414 688 988 if I can provide you with a current market appraisal and detailed marketing plan for your home or investment property.
Up to Date

Latest News

  • We are so lucky to live here…

    US consumer prices rose 3.1% in the year through January cooling less than had been expected. The S&P 500 was above 5,000 for the first time on Monday putting it into “nosebleed territory” but has since come off after that hotter than expected inflation figure, which has clouded rate cut expectations. … Read more

    Read Full Post