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Sharp drop in CBD property sales

Staff Reporter 1 minute read

Sales figures in the Sydney and Melbourne CBD property markets have fallen 64 per cent and 27.5 per cent respectively since mid year, property data provider Ctiyscope announced yesterday.

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Sydney registered $120.5 million in property sales over the three months to November compared to $340.6 million in the previous quarter; Melbourne accounted for $367.6 million in sale compared to $507.7 million for the quarter three months prior, today’s The Australian reported.

Published: 27-11-08

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Sharp drop in CBD property sales
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