06/10/2016 - 13:40

This week's property round-up

06/10/2016 - 13:40

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Reiwa members reported an increase in weekly sales to 600. The overall 24 per cent increase in sales over the week is attributed to a 19 per cent increase in sales for houses, 36 per cent for units and 44 per cent for vacant land.

This week's property round-up

Reiwa members reported an increase in weekly sales to 600. The overall 24 per cent increase in sales over the week is attributed to a 19 per cent increase in sales for houses, 36 per cent for units and 44 per cent for vacant land.

Total properties listed for sale decreased by 1 per cent over the week to 14,171.

Listings for houses and units both decreased by 1 per cent, with vacant land recording a larger decrease of 2 per cent over the week. The total number of listings recorded this week is 1 per cent higher in comparison to four weeks ago but 7 per cent lower than the same time last year.

Turning to the rental market, Reiwa members reported total properties available for rent increased by 2 per cent over the week to 10,871.

This is 1 per cent lower than four weeks ago but remains 29 per cent higher than the same time last year.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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