Humphreys Real Estate Blog
Category: Market Conditions
Macro, Micro and Inbetween
15 January 2025As we enter a new year, it is easy to reflect on the past while looking to the future. That look to the future is often accompanied by a raft of projections across a range of topics. Property is very well served on the fortune-telling front, and a quick look online will return no end of future projections for 2025.
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The Benefits of Buying or Selling a Property Off-Market in Tasmania in 2024 and Beyond
19 November 2024The Tasmanian property market, like many, is one where change is ever present. In 2024, as the market continues to evolve with new trends and technologies, buyers and sellers are looking for innovative ways to maximise their opportunities. One such option is transacting property off-market.
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The Current Landscape of Commercial Property Development in Tasmania – October 2024
29 October 2024As we enter the final quarter of 2024, Tasmania’s commercial property market continues to show promising growth, with particular opportunities emerging in key areas such as Launceston.
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Stats of Interest (Maybe)
26 September 2024The Real Estate Institute of Australia (REIA) recently released its Real Estate Market Facts for the June Quarter 2024 and it was full of facts and statistics of varying levels of interest dependent upon one’s inclination toward such things. I have noted some key facts below for reference.
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Competing Pressures
1 August 2024There are very mixed messages within the community and the economy at present. We have housing under supply which is placing upward pressure on house prices and also rents making affordability harder which is further exacerbated by higher interest rates.
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The Unusual Suspects Behind Residential Rental Supply
16 April 2024The residential rental market continues to face the headwinds of low vacancy – driven by limited supply of housing, and increasing demand for rental property.Supply is not helped by the lack of available land, constraints such as the physical number of trades available to construct required dwellings.
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What Lies Ahead?
4 January 2024Happy New Year. The Launceston CBD seemed busy pre-Christmas and hopefully that has reflected in a good results for shoppers and local Launceston retailers alike. We saw an amazing daylight finish to the Sydney to Hobart and very good numbers were reported at the much loved Longford Cup.
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