bRight Agent

@TimboZoom @ausstockchick Agree. But even in the absence of immigration during COVID, demand went up as people wanted (their own space and) a mortgage which was eroded more quickly due to high inflation.

@bRightAgent_Aus @ausstockchick That depends largely on imagination. They won’t stop it so it’s not going to change much.

Economists expect we are going to a covid like economy. Extended period of weakness seen during 2022-24 says Westpac head of Macro. Strap in. #auspol

@AvidCommentator Selling is such a cost prohibitive process, you can’t blame people for trying to hang on and resist moving.

Chart of the day The current level of homes for sale in Australia is roughly half the average for this time of year during the 2010s. Adjust it into per capita terms, the collapse is even greater. This has played a huge unsung role supporting price growth. Chart: Cotality

@AvidCommentator Investors offloading stock ahead of the May budget??… 🤔

Theoretically we should see a bounce in clearance rates in the coming month or so, as auction volumes drop off dramatically reflecting a much much weaker market. If results still continue falling, then the market is in deep deep trouble.

Auction results - Sold To Listed - Sydney 31.5% (33.9% last week) - Melbourne 37.7% (43.1%) Sydney absolutely smashed to its weakest result since December 2018, which was during a period of significant price falls. Melbourne also hit extremely hard, producing the weakest (non-Xmas or public holiday) performance since a lock-down hit September 2021. SQM's data has confirmed the weakness seen in my figures for Sydney prior to Easter, with one of the weakest results on their records. If these numbers continues both markets are in serious trouble. #AvidAuctions

@signifer111 @DFA_Analyst @BikoKonstantin1 @ausstockchick @AvidCommentator I understand that they are also allowed to still own property overseas whilst claiming FHB benefits in Australia…

@bRightAgent_Aus @DFA_Analyst @BikoKonstantin1 @ausstockchick @AvidCommentator I'd expect many of them to do a runner back to their home countries if things get really tough. Australia's version of "jingle mail"

Those who are the most highly leveraged with extremely high repayments will be the first to falter when the RBA Hikes continue & inflation remains high… @DFA_Analyst @BikoKonstantin1 @ausstockchick @AvidCommentator

@chriscornish @AvidCommentator @DFA_Analyst @BikoKonstantin1 @ausstockchick It’s terrible.

@AvidCommentator @bRightAgent_Aus @DFA_Analyst @BikoKonstantin1 @ausstockchick Well, from their perspective, if negative equity arrives they can literally walk away from the debt. And Australian taxpayers carry the can.

@TheKouk A great summary. 👍

ICYMI Today's household spending numbers were not so great. So too the international trade data

Don’t Get Caught As The Property Market Turns! youtu.be/fna9xRsHnFA?si… via @YouTube @justthink1 @bRightAgent_Aus

bRight Agent has today released its Real Estate Agent Commission Rates: 2026 State of the States report. The national median agent commission rate was 2.65%, though there was a notable disparity at the State level. brightagent.com/blog-post/real…

bRight Agent has today released its Real Estate Agent Commission Rates: 2026 State of the States report. The national median agent commission rate was 2.65%, though there was a notable disparity at the State level. brightagent.com/blog-post/real…

bRight Agent has today released its Real Estate Agent Commission Rates: 2026 State of the States report. Of the 200 postcodes surveyed, the national median agent commission rate was 2.65%, though there was a noticeable disparity at the state level.   brightagent.com/blog-post/real…

Thinking of selling your home or investment property? Save money by comparing commission rates from local real estate agents with the FREE bRight Agent App. ✅ Find Local Agents ✅ Compare Commission Rates ✅ SAVE MONEY! ✅ 100% FREE for sellers brightagent.com

Thinking of selling your home or investment property? Save money by comparing commission rates from local real estate agents with the FREE bRight Agent App. ✅ Find Local Agents ✅ Compare Commission Rates ✅ SAVE MONEY! ✅ 100% FREE for sellers brightagent.com

Thinking of selling your home or investment property? Save money by comparing commission rates from local real estate agents with the FREE bRight Agent App. ✅ Find Local Agents ✅ Compare Commission Rates ✅ SAVE MONEY! ✅ 100% FREE for sellers brightagent.com

Thinking of selling your home or investment property? Save money by comparing commission rates from local real estate agents with the FREE bRight Agent App. ✅ Find Local Agents ✅ Compare Commission Rates ✅ SAVE MONEY! ✅ 100% FREE for sellers brightagent.com

@AlboMP We definitely need more tradies! 🔨

Because Australia needs more homes, and we need more tradies to build them.

@RBASHAGGER Next it will be houses ON the Moon.

We did it! House prices to the moon!

@BikoKonstantin1 The current setting is far too generous.

Golden run for property investors coming to an end

Compare local real estate agents with the FREE bRight Agent App. The bRight Agent App is the best way to: ✅ Find Local Agents ✅ Compare Commission Rates ✅ SAVE MONEY! And it's 100% FREE for sellers to use. 👉 Download the bRight Agent app now and get started in minutes. 📲