05/05/2016 - 12:56

This week's property round-up

05/05/2016 - 12:56

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This week, Reiwa members reported an increase in weekly sales to 680. The rise in overall sales by 37 per cent over the week is attributed to a 34 per cent increase in sales for houses, 56 per cent for units and 37 per cent for land.

This week, Reiwa members reported an increase in weekly sales to 680. The rise in overall sales by 37 per cent over the week is attributed to a 34 per cent increase in sales for houses, 56 per cent for units and 37 per cent for land.

Total properties listed for sale reported a marginal decrease of 2 per cent over the week after remaining fairly stable over the past few weeks.

Listings for houses and units both recorded a 2 per cent decrease, while land listings decreased by 1 per cent. The total number of listings recorded this week is 2 per cent lower than four weeks ago but is 5 per cent higher compared with the same time last year.

Turning to the rental market, Reiwa members reported total properties available for rent increased marginally by 1 per cent over the week to 10,259.

However, this is 5 per cent higher than levels seen four weeks ago and 43 per cent higher than the same time last year.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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