Domain auction clearances. All consistent with further falls in home prices Risk on downside. Mr Oliver, who in March predicted a 15 per cent decline in housing prices to the trough in he expected in Sydney and Melbourne, said he may revise that forecast even lower. Melbourne's preliminary clearance rate of Sydney's preliminary 52 per cent was also weaker than the previous week's initial This three-bedroom terrace at 5 Huntington Street, Crows Nest, failed to sell.
Peter Rae SMH.
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The strongest auction market was Canberra, where the preliminary reading of Adelaide, which had 70 auctions scheduled for the week, returned a preliminary clearance rate of This was well down on the preliminary They have always provided us with excellent service tailored to the needs our ever growing online businesses.
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Sydney Property Buying Tips. Why the Slowdown? A greater volume of stock to choose from. Fewer buyers and less competition. More time to consider the options, carry out the research and undertake due diligence.
The best buying conditions for purchasers in at least 18 months. A number of prospective buyers have told us that they intend to delay their searches until after the New Year. If everyone does the same thing, you are likely to find prices will be better now than after the New Year.