Monday, September 26, 2005

Slowdown hits home for agents - Business - Business - smh.com.au

"According to Australian Property Monitors, 10,192 properties were auctioned in Sydney in the year to June 30, 2005, with a clearance rate of 52 per cent, raising $4.3 billion. This is well down on the previous year's total of $7.6 billion, raised from 15,746 properties.

And things aren't likely to get better soon. Forecaster BIS Shrapnel said earlier this year that the median Sydney house price was expected to fall about 7 per cent over the next three years"

2 comments:

Jeff james said...
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WorldTrader said...
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