Uncertainty ensues as sellers sit on their hands and wait...

Discussion in 'Property Market Economics' started by Jacque, 31st Mar, 2009.

Join Australia's most dynamic and respected property investment community
  1. Jacque

    Jacque Jacque Parker Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    2,653
    Location:
    Sydney
    From the desk of RPData

    The last month has been pretty uneventful across property listings with few changes in the composition of new and total properties listed for sale across the country.

    The number of new properties advertised for sale sits right on the 12 month average and the number of new properties advertised for sale hasn’t been above the 12 month average level since early December. This highlights that aggressive interest rate cuts have improved home loan affordability and have seen the risk of wholesale stock dumping averted. At the same time 12 months ago there was an additional 3,500 properties advertised for sale compared to the current level.

    Read the whole report here
     
    Jacque, 31st Mar, 2009
    #1