Regional Sales Activity Shows Annual Sales Activity Down Across All Regions

The latest CoreLogic Quarterly Regional Market Update (June 2019), which tracks sales volumes and dwelling values across 11 of Australia’s regional hubs, shows that sales activity has fallen across all regions over the last 12 months.

The Geelong and Latrobe-Gippsland regions in Victoria recorded the biggest decline in activity overall, with property sales falling by 23 per cent and 21 per cent respectively, year on year. The Illawarra region of NSW followed closely behind, recording a 20…