Now that the Grand Final 2019 is over (although it seems there wasn’t much to watch as the GWS seemed to be overwhelmed by the moment) – we are in the final stretch run towards the end of another year.
Another rate cut has also appeared on the cards to spur life into the economy – its a bit troubling that the RBA needed to do this, perhaps the storm clouds on the horizon are still gathering.
As there has been very little stock that appeared compared to what it was like a couple of years ago – the prices have been increasing upwards with boom time auction clearance rates in Melbourne and Sydney. The easing of lending restrictions, low stock levels and lack of negative news about the property market in the media will do that.
We’re tracking well towards the end of the year with projects lined up to take us into 2020 and the marketing visuals this year have been peppered a lot more with commercial projects needing visualisation, much more so than in the past.
I’m also hoping that with this new format for the monthly updates – I can keep my thoughts to the website and keep the newsletters to a minimum word count.
As always, I look forward to your comments and thoughts and ways that we can improve.
To your development success,