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Rising clearance rates seen across Australia

While the preliminary clearance rate is dropping slightly this week, the final clearance rate is still expected to show signs of improvement week-on-week. Auction volumes were down, however, with only 1,842 home auctioned compared to the 2,002 last week.

The CGT Saver

 

Footy fans and false correlations

Property investors are always on the lookout for the causes of house price growth. The reason is obvious – if we know what leads to price rises, we can identify potential boom areas before the growth starts and then sell out before it stops. One well tested way to do this is to find links between cause and effect, which is a process called correlation.

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