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1.Market Observations, 8.Was Sticky

29 Aug 2019 (AFR) – Apartment sales enjoy ‘modest increase’

(29 August 2019, AFR, p32, Bo Seo, Reporter)

Apartment sales, 2Q19 (URBIS)

Apartment sales, 2Q19 (URBIS)

‘Apartment sales increased to 9 per cent of available stock in the second quarter of 2019, up from 7 per cent in the previous quarter, according to an Urbis survey. Sydney, Melbourne, and Brisbane led the uptick in sales, respectively clearing 8, 12 and 13 per cent of available stock.’

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

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