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1.Market Observations, 2.Strategy, 8.Was Sticky

17 Oct 2016 (AFR) – Apartment sales soar despite RBA’s glut warning – Apartmetn spree: ‘People were snatching, not buying’

(17 October 2016, AFR, p3, by Su-Lin Tan)

‘New apartment sales in Sydney soared on the weekend despite the Reserve Bank warning on Friday about the risk of a glut in Sydney, Brisbane and Melbourne. There was no cooling in sight for established homes either, as Sydney and Melbourne auction markets hit the 80 per cent clearance mark. ‘

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

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