Latest news with #auctions
News.com.au
7 days ago
- Business
- News.com.au
Melbourne buyers warned as auction market heats up
Melbourne's winter auction market is bucking the seasonal trend, with fresh data and renewed buyer confidence pointing to a heatwave beneath the surface of a cooling calendar. There are 952 homes set to go under the hammer across the city this weekend, a 14 per cent drop from the same time last year. Another 941 auctions are already scheduled for next week, down just 9 per cent, in what experts say is a far softer seasonal dip than usual. Bachelor couple eyeing $6m+ payday REA Group senior economist Eleanor Creagh said while the auction volume is lower, market conditions have flipped — and buyers are back in force. 'Melbourne led the country for monthly price growth in May,' Ms Creagh said. 'It's clear confidence has returned, and interest rate cuts in February and May have lifted borrowing capacity and encouraged buyers to move quickly.' Home prices rose 0.79 per cent in May according to PropTrack, the strongest monthly gain of any capital city. Melbourne's dwelling values are still 2.85 per cent below their previous peak, but Ms Creagh said the city's underperformance over the past five years, just 17.6 per cent growth since March 2020 compared to 60 per cent nationally, now gave it a competitive edge. 'Relative affordability is drawing buyers back in,' she said. 'That's why activity is holding firm even during what's typically a slower time of year.' Suburbs with the most auctions this weekend include Reservoir, 24 auctions, Mount Waverley, 19, Richmond, 15, Craigieburn, 14, and Wollert, 13. Ni Advocacy director and buyers advocate Kevin Ni said savvy buyers were shifting focus away from cookie-cutter stock and honing in on quality, character, and long-term liveability. 'Buyers are far more educated now,' Mr Ni said. 'They're looking for liveability, not oversupplied towers.' 'We've seen people spend six months stuck in limbo because they wouldn't budge on their dream suburb. 'The advice is: be realistic and flexible.' That mindset is driving strong interest across a range of listings this weekend, including a three-bedroom home at 14 Emery Court, Altona, where buyers are lining up for a slice of quiet, beachside living. The peaceful court location, vaulted ceiling, home office and landscaped yard have drawn attention from families and investors alike. The guide is $990,000-$1.08m. In Rowville, more than 100 groups have inspected 2 Moama Place, a renovated home backing onto Waterford Valley Golf Course. The three-bedder features American Oak floors, Bosch appliances, underfloor heating, and even a shed with a kitchenette — and is tipped to fetch $1m –$1.1m. Over in Preston, buyers priced out of Brunswick and Northcote are flocking to 9/26 Tyler Street, a rear townhouse in a boutique complex guided at $600,000 –$650,000. The mix of downsizers and first-home hopefuls has added a competitive edge. At the prestige end of the market, a five-bedroom architectural home at 14 Hunter Street, Kew, is drawing serious interest from families looking to secure a foothold in the private school belt. Behind its striking modern facade are polished concrete floors, a sparkling pool, butler's pantry, Miele appliances and EV charger, with a guide of $3.8m-$4.1m.
The Sun
11-06-2025
- Entertainment
- The Sun
Meg Nicholls ‘bags a belter' for dad Paul in £280,000 spending spree as father-daughter duo smash the sales
MEG Nicholls helped dad Paul 'bag a beauty' as the father-daughter duo went on a huge £280,000 spending spree at the sales. Sun Racing told you that legendary 14-time champion trainer Paul is enabling the help of Meg at the auctions this year. 1 The pair hit up the Goffs Arkle sale in Ireland on Tuesday and got the cheque book out in style - snapping up three hugely promising sorts. The pick of the bunch was a £130,000 gelding by champion jumps sire Walk In The Park, whose mum Lackaneen Leader was placed in a Grade 1. Meg, who combines her role as an ITV pundit with sourcing top talent, said: "I'm absolutely delighted to get him. "We got our three top picks, and thought we might have had to stretch a bit more for the Walk In The Park. "Dad actually loved him from the moment he came out of his box. "His eyes lit up really, the horse had that bit of class about him. "He's really athletic, and we can't wait to get him back and get him going. "We knew he would make this sort of money – he really is classy, he had that swagger about him, and he's by the right sire. "We've been fighting hard against some big stables and as I have got older I've found it easier to work alongside Dad! "To get some pretty smart horses at what we valued them at - I'm delighted. Now we need to find the right owners for them." The pair also bought £78,000 L'Ami Pierrot, who is related to Nicky Henderson's former multiple Grade 1 winner L'Ami Serge. Being by Nirvana Du Berlais, he also shares a sire with Lulamba, so expect him to be a speedy sort capable over hurdles. The Nicholls also went to £75,000 for an unnamed gelding by Vadamos, whose progeny include Grade 3 winner The Other Mozzie and Grade 1-placed runners such as Matata and King Of Kingsfield. Nicholls told Sun Racing he will continue to work with long-time sales ally Tom Malone. But he thought it would be beneficial having another set of eyes helping him too, hence the decision to bring in Meg. He said: "I've been hearing all sorts of rumours, Tom and I are good mates but there has never been any contract between us. "He's a freelance and he buys plenty for me, so do several others. "I'm going to work with everybody, but Megan is going to get quite a bit more involved for me. "Results could have gone better over the last few years but that's the way things are, it's very hard buying these days. "I'll keep all avenues open, but more so than ever I'd like to get Megan much more involved on that front." Commercial content notice: Taking one of the offers featured in this article may result in a payment to The Sun. You should be aware brands pay fees to appear in the highest placements on the page. 18+. T&Cs apply. Remember to gamble responsibly A responsible gambler is someone who:
Yahoo
11-06-2025
- Business
- Yahoo
Intero and Paramount Realty USA Announce Strategic Auction Relationship
NEW YORK & FREMONT, Calif., June 11, 2025--(BUSINESS WIRE)--Paramount Realty USA, a national leader in real estate auctions, and Intero Real Estate Services-East Bay, a top real estate brokerage serving California's East Bay and beyond, have entered into a strategic enterprise partnership. This alliance enables Intero listing agents to leverage Paramount's platform to offer auction strategies to their seller-clients. Through this collaboration, Intero, which is a proud member of Leading Real Estate Companies of the World, will be able to provide sellers with a best-in-class approach to driving buyer competition and achieving true market value for their properties on a timely basis. The partnership is particularly relevant for high-value, unique, or special listings. "At Intero, we are always seeking new ways to deliver results for both our agents and our clients," said Rishi Bakshi, CEO of Intero. "Paramount Realty USA's auction platform adds a powerful tool to our arsenal—one that brings urgency, competition, and efficiency to the sales process. We're excited to offer this to our agents and sellers throughout the East Bay and beyond." Paramount Realty USA's team has sold or advised on over $2 billion of real estate and mezzanine interests across North America, leveraging a proprietary process that attracts serious buyers and accelerates sales timelines. The auction format often drives market-value sales by creating a competitive environment and reducing the uncertainty and back-and-forth associated with open-ended negotiations. "Intero is a forward-thinking brokerage known for its excellence, and we are proud to serve as their auction partner," said Misha Haghani, founder of Paramount Realty USA. "Together, we will empower sellers with a different approach to selling real estate, while enabling agents to retain and sell more listings." Paramount Realty USA will assist Intero agents in identifying the best candidates for auction and guide clients through every step of the process. The partnership is underway and looking forward to its first series of auctions, featuring premier properties from across the East Bay. About Intero Intero, a Berkshire Hathaway affiliate and a member of Leading Real Estate Companies of the World, is a leading real estate brokerage in the San Francisco Bay Area. With a deep understanding of the local market and a commitment to delivering superior results, Intero empowers its agents with the tools, technology, and support to provide unmatched service to buyers and sellers alike. About Paramount Realty USA Paramount Realty USA is a prominent national real estate auction firm that collaborates with listing brokers and sellers to maximize value by auction. The team has marketed, sold, or advised on over $2 billion of real estate and mezzanine interests throughout North America. The firm has auctioned luxury, residential, and commercial properties for high-net-worth individuals, private equity firms, developers, family offices, lenders, government agencies, and other owners of real estate. Visit for more information. View source version on Contacts For inquiries, contact PRUSA 212-867-3333 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Bloomberg
05-06-2025
- Business
- Bloomberg
Long-Dated Bonds Are Tough Sell to Investors These Days
Governments selling long-dated bonds might just have to get used to a lukewarm reception from investors. Weak demand for a slew of auctions of 20-, 30- or 40-year bonds — among the longest maturities that countries tend to sell — has triggered a fresh round of soul-searching over the depth of demand for this type of asset. The yield on a Bloomberg global gauge of longer-dated sovereign yields has climbed to around the highest since 2008, another sign of tepid appetite.
Bloomberg
03-06-2025
- Business
- Bloomberg
A Guide to Japan's Closely Watched Government Bond Auctions
Japan's government bond auctions, once viewed as predictable and procedural, have been reborn as a barometer of stress in the nation's debt market — and a trigger for moves in yields from Europe to the US. The global importance of auctions in Tokyo has been on show since a sale of 20-year securities last month caught investors off guard when a key measure of demand fell to the lowest level in more than a decade.
