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Rates remain constant amid market changes

Tue October 06, 2015
October 6, 2015: Laing+Simmons Managing Director Leanne Pilkington has supported the RBA’s decision to leave interest rates on hold as the wider market undergoes several key shifts heading towards summer.

“By maintaining the low interest rate environment for the foreseeable future, the Reserve Bank is providing stability to a real estate market that is otherwise undergoing a...

Clovelly townhouses yield over $10 million in 4 days

Tue September 29, 2015
September 29, 2015: A luxury townhouse development on Beach Street in Clovelly has sold out just four days after the marketing campaign began through Laing+Simmons Randwick. Locals snapped up the five residences off-the-plan with combined sales topping $10 million.

Alex Udler of Laing+Simmons Randwick said the phone started ringing the moment the townhouses, located just 400 metres from...

New office redefining real estate in changing times

Tue September 08, 2015
September 8, 2015: Tonight’s official opening of Laing+Simmons St George / Carss Park has been timed perfectly to coincide with a significant shift in the local property market.

According to Laing+Simmons St George / Carss Park Director Bobbi Trajkovski, the property market in St George and its surrounds has reached a stabilising point. Sales remain strong, vendor expectations are still...

Laing+Simmons Awards honour best and brightest

Fri July 31, 2015
July 28, 2015: The Laing+Simmons Annual Awards 2015 held over the weekend once again celebrated the best and brightest talent in the boutique network’s ranks.

Team members from Laing+Simmons offices across the state came together for the Annual Awards, held on Saturday July 25 at The Ivy Ballroom in Sydney.

A major winner on the company’s night of nights was Peter Green of...

The other source of market heat

Tue June 02, 2015
June 2, 2015: While low interest rates have fuelled borrowing to contribute to the heat in the Sydney property market, the underlying shortage of stock has been just as influential in fanning the flames, said Laing+Simmons General Manager Leanne Pilkington.

Today’s decision by the RBA to leave rates unchanged was widely expected and the only course of action after last month’s cut...

Further rate cut will only fan flames

Tue May 05, 2015
May 5, 2015: The housing market in no way needed another interest rate cut today, said Laing+Simmons General Manager Leanne Pilkington, as the market is already red hot and the RBA would have been wise not to pour further fuel on Sydney’s property fire.

Ms Pilkington said the current state of the market, especially in Sydney, is resulting in new suburban records regularly tumbling and...

Record sale breaks the $1 million mark for the first time

Wed March 18, 2015
March 17, 2015: In the surest sign yet of the strength of the property market in Sydney’s north west, Kent Pilkington of Laing+Simmons Quakers Hill has negotiated the sale of an incredible Acacia Gardens house for $1.05 million – the first time a house in postcode 2763 has broken the $1 million barrier.

Every other $1 million plus sale in the suburb has been for a development site...

RBA finishes the year as it began

Tue December 02, 2014
December 2, 2014: The year has ended as it began with the RBA leaving the official cash rate unchanged yet again. However, despite the stable rate environment, the real estate market could experience a change in landscape in 2015, Laing+Simmons General Manager Leanne Pilkington said.

Ms Pilkington said there are numerous factors aside from steady interest rates which will shape the market...

Laing+Simmons expands into Ropes Crossing

Tue November 25, 2014
November 25, 2014: Laing+Simmons has responded to strong demand for new homes in the recently completed Ropes Crossing community with the opening of a new office to service the local area – and the many families looking to move there.

Lend Lease recently completed the new Ropes Crossing community and the project has contributed much needed new housing and land at a time when...

RBA Stays True To Form On Cup Day

Tue November 04, 2014
November 4, 2014: While debate continues about the impact of investors, the pros and cons of negative gearing and the potential for lending criteria to be tightened, the one point most pundits seemed to agree upon this Cup day held true to form, as the RBA left the cash rate unchanged again.

Laing+Simmons General Manager Leanne Pilkington said it was the prudent course of action given the...
Laing+Simmons Beyond the Expected
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