Housing data shows peak is over

Original article by Robert Harley
The Australian Financial Review – Page: 38 : 1-Jul-15

Data from Domain Group shows that Sydney’s residential auction clearance rate eased from 83.3 per cent in May 2015 to 82.9 per cent in June. There was also a downturn in the median auction price. Meanwhile, the auction clearance rate in Melbourne rose from 78 per cent to 79.2 per cent in June, although the median dwelling price was 4.9 per cent lower than in May.

CORPORATES
DOMAIN.COM.AU, FAIRFAX MEDIA LIMITED – ASX FXJ, HOUSING INDUSTRY ASSOCIATION LIMITED, RESERVE BANK OF AUSTRALIA, HSBC AUSTRALIA HOLDINGS PTY LTD

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