Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Auctions still weak

Staff Reporter 1 minute read

Weekend auction activity failed to pick up again despite the first home owner boost and the prospect of further rate cuts.

According to The Australian Financial Review, just half of Melbourne’s properties up for auction went under the hammer.

Australian Property Monitors data also showed Sydney’s clearance rate was just 43 per cent, while in Adelaide and Brisbane just 35 and 27 per cent of auctions cleared.

Published: 03-11-08

Today's other news

Auctions still weak
default
TheAdviser logo
default

 

more from the adviser
mortgage payments money Quiet January period hammers mortgage activity

NSW has led the states in a steep fall in mortgage market activit...

cars ta Nodifi expands into novated leasing

The asset finance platform has released a novated leasing service...

handshake 2 AFG adds specialist lender to lender panel

The aggregation group has appointed a specialist lender to its as...

FROM THE WEB