Business
Home listings jump 21pc in Sydney as vendors rush to sell – The Australian Financial Review
Residential listings surged across all capitals in July – unusual for a time when the number of properties on sale usually declines.
Separate figures the consultancy published on Tuesday showed that just under half (46.7 per cent) of the 628 Sydney homes listed for auction last week sold. More than half of the 293 dwellings that sold were snapped up before auction day, a sign of vendors’ willingness to strike a deal with buyers.
In the week before Victoria imposed Stage 4 Restrictions on Metropolitan Melbourne likely to further dampen activity the final auction clearance rate rose to 41.8 per cent, up from 35.4 per cent from…
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