Days on Market data shows Melbourne housing market heating up
The REIV’s latest data for the number of days properties have remained on the market before sale is another sign that Melbourne’s housing buyers are crying out for more vendors to enter the market, Real Estate Institute of Victoria CEO Gil King says.
A 78.5 per cent preliminary clearance rate was recorded across Sydney this week, making it the best performing capital city according to preliminary results, up from last week’s 72.8 per cent final clearance rate, according to CoreLogic.
Auction market ready to rebuild following election dip
Months of political uncertainty culminated in a predictably soft auction market last week, as less than 1000 homes went under the hammer across the capital cities.
While Sydney and Melbourne record decline, more housing stock positive for buyers
While clearance rates across the country have recorded a decline over the weekend, the increase in housing stock coming to the market is positive news for buyers.
