Clearance rates steady. More property on the market - higher prices
(vendors want higher prices)
Overrall 67.4% per cent for the week.
68.3 %last week
Sydney 76.3%
Melbourne 69%
Adelaide 51.9%
Canberra 52.7
Summary : Very good market place to be in
Homes Advertised for sale
Down 5.6%
Down last week, Down the week before that only slightly.
Amount of Property come on the market has dropped.
Rise in competitions lates december and early new year.
Listing NZ - two weeks ago peak,
Auckland listing numbers going backwards, which mean their market will start moving again.
Residential rent price movement
12.77 % Sydney Average Chart has been flatlining.
7.06% Vic
18.25 % Perth
12.69% Average
People need to pay attention to that
tenants are moving out and tenants are buying property
Residential Vacancy Rates.
2.44 % sydney (best performing capital city)
3.32 % Melbourne
6.23% Perth
Vacancy rates
4% vacancy rates overall
Final Note:
Perth should be concerning most investors, good market but lots of
tenant buying the property of their landlord.
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