November 10, 2008
Auction clearance rates are still well-down despite a glimmer of hope in some of the east coast cities. Clearance rates in Melbourne and Sydney improved over the weekend with Sydney reporting a clearance rate of 44.7%, up from the previous weekend’s 41.7%. Melbourne’s figures were 48.1% compared to 41.7% the previous week.
October 3, 2008
In the midst of doom and gloom on the share market and some property markets a leading Australian economic forecaster is predicting the slump in land sales will soon end in Perth, Sydney and Melbourne.
More on Land Sales Tipped to Improve in Some Australian Cities
