Markets swing further towards buyers

Original article by Larry Schlesinger
The Australian Financial Review – Page: 3 : 28-Sep-15

Preliminary figures from CoreLogic RP Data show that Sydney’s residential property market boasted an auction clearance rate of 74.2 per cent on the weekend of 26-27 September 2015. Louis Christopher of SQM Research says the final figure is likely to be closer to 70 per cent, but he rejects suggestions that the slowing property market means a major downturn is looming. The clearance rate in Melbourne was 73.4 per cent, and the national clearance rate was 71.3 per cent.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, RP DATA LIMITED, SQM RESEARCH PTY LTD, DOMAIN.COM.AU, LINEAR GROUP PTY LTD, ABACUS PROPERTY GROUP – ASX ABP, BELLE PROPERTY PTY LTD

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