General
More vendors tried to sell their property in spring – but did people buy them?
If rising stock is met with low levels of demand, property listings accumulate, giving buyers more choice and bargaining power. This could be a concern for sellers, some of whom may have no choice to sell if their ability to repay their mortgage has been impacted by COVID-19. This was considered a risk to property markets more broadly with many exiting mortgage deferral arrangements through September and October this year.
CoreLogic tracks the volume of sales compared with new listings…
-
General22 hours agoMan dies in daylight shooting in Sydney’s north-west
-
General24 hours agoMurder trial begins for man accused of killing and burning David Collisson near Mudgee
-
Noosa News23 hours agoGlencore receives taxpayer bailout to save Mt Isa mining jobs
-
General16 hours agoNewsCorp executive warns AI firms are asking Australia to ‘surrender our stories’