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The Bulls are running…to a Santa rally!

  • The breadth and complexity of geopolitical tensions are rising with the French government on the brink of collapse (over failed attempts to stem out-of-control debt), uncertainty over global tariff policies, and wars in the Middle East and Ukraine.
  • Just out GDP data shows Australia’s growth was below expectations in the September quarter at a paltry 0.8%, with government spending on public service pay rises and energy bill subsidies propping up the number.
  • December is traditionally one of the strongest months for shares, and overnight, the S&P 500 edged up to close at its 55th record high for the year. The S&P/ASX 200 also hit another record yesterday but is trading down slightly this morning at 8,461 as I type.
  • The Aussie dollar is at US .644c. CommBank is warning that Trump’s tariff policies may see our dollar fall in 2025, and possibly below 60c.
  • With inflation still above the RBA target our rates are not expected to come down before the next federal election due on or before May 17. The US is expected to cut rates again in December.
  • REIWA statistics show a 58% jump in property listings between the end of August and October. There are now 5,661 properties for sale in Perth, up from just 2,798 in May.  CoreLogic reports that auction clearance rates across the country have slowed.
  • Perth prices are still technically rising (around the median) but a few commentators have called the peak of the market.
  • As the market is changing a steady hand is required. So, call me today to learn how each of the micro markets is being affected and how you can maximise your sale price.   
Contact me on 0414 688 988 or by email at jody.fewster@raywhite.com
Please click here to read some of my testimonials.