Commercial Market Update – Richmond Cityscope

The latest research from Richmond Cityscope shows property sales value has decreased significantly in the past three months.

Sales recorded in the quarter to February 2019 totalled $18.7 million, compared to the $95.3 million recorded in the three months to November 2018 and the $224.2 million recorded in the three months to August 2018.

This data brings the 12-month total to $373.8 million, an increase from the $207.1 million recorded for the same time last year.

The table below shows sales…