Recent Commentary
Clearance rate down but more properties hit the market
In the pre-Easter Super Saturday, a massive number of properties hit the auction market as sellers got in before the holiday lull.
Buy, Sell, Hold – what the brokers say
Earnings forecast revisions drove ratings upgrades for miners and resource companies, with Arrium and Panoramic upgraded.
Sydney property market strong, Melbourne dips
Overall average auction clearance rates dropped over the week, driven by a fall in clearance rates in Melbourne.
Buy, Sell, Hold – what the brokers say
Resources and mining companies saw plenty of activity this week, with Independence Group and Oz Minerals getting upgrades. Tatts Group was also moved to a Buy.
More than 3,000 auctions held around the country
The number of properties going to auction hit their highest level so far this year, as prices in Sydney continued to rise, but Melbourne home values fell.
Buy, Sell, Hold – what the brokers say
Strategy briefings and some late interim results drove actions this week with upgrades for both JB Hi-Fi and Kathmandu.