The Australian property market continues to defy the odds, posting stellar auction clearance results over the weekend.
According to statistics from RP Data, Melbourne posted an auction clearance rate of 82.7 per cent.
Perhaps more impressive however, was the fact that the city managed to clear more than $1 billion in total sales over the [...]
Despite a reduction in the number of properties for sale over the past 12 months, RE/MAX managing director Geoff Baldwin is predicting a surge in stock.
According to Mr Baldwin, stock has reduced from a high of 19,000 houses on the market in the second half of 2008 right down to its current level of [...]
The median house price in Australia has climbed almost $20,000 during the September quarter, according to Mortgage Choice’s real estate market facts report.
The report showed house prices had jumped to $481,310 from $462,180 – the highest level median prices have reached since December quarter 2007.
Mortgage Choice senior corporate affairs manager Kristy Sheppard said [...]
WP Cumulus Flash tag cloud by Roy Tanck and Luke Morton requires Flash Player 9 or better.
There are 36 posts and 0 comments so far. Feel invited to browse the archives, read the about or comment on the latest post.
Entries RSS | Comments RSS.
