Get notifications in real-time for staying up to date with content that matters to you.
Sydney and Melbourne again reported relatively healthy auction results over the weekend while activity in the smaller capitals was weak.
Of the 172 properties up for auction in Sydney, 69 per cent sold, according to Australian Property Monitors.
In Melbourne 74 per cent properties up for auction cleared, Real Estate Institute of Victoria president Enzo Raimondo told The Australian Financial Review.
Down south in Adelaide just 13 properties were listed for auction of which 6 – or 46 per cent – cleared, Australian Property Monitors said, while in Brisbane just 23 per cent of the 21 properties listed went under the hammer.
Resimac has announced it is set to acquire the remaining 40 per ...
The major banks suffered from longer turnaround times over Decemb...
Property purchasing goals have remained intact in Australia despi...
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Do you expect mortgage applications to increase or decrease over Summer?
