You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

21 Mar 2016 (AFR) – Sydney’s bleak outer west the outlier in record home auctions in Melbourne and Brisbane; clearance rates hold strong

(21 March 2016, AFR, p5, by Matthew Cranston)

‘The health of Australia’s housing market again proved resilient on the weekend with clearance rates holding strong despite record numbers of home auctions in Melbourne and Brisbane. In Sydney where there were 911 listed auctions, clearance rates remained steady at 75 per cent according to APM PriceFinder, marginally down on last week but generating some big sales, including a seven bedroom house at Strathfield in Sydney’s inner west which sold for $5.7 million or about $1.2 million over its reserve.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Advertisements
%d bloggers like this: