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Property owners spooked by Melbourne’s second wave as clearance rates fall – The New Daily
Melbourne property sellers cancelled four in ten auctions this weekend amid a worrying second wave of infections. But prices are so far holding up.
Melbourne property sellers cancelled four in 10 auctions this weekend amid a worrying second wave of infections.
Prices in the city have yet to suffer major falls, but following the Treasurer’s economic update on Thursday, analysts are again warning of massive drops to come. And not just in Melbourne.
As Victorian Premier Daniel Andrews prepared to announce a further 10 coronavirus deaths and 459 extra cases on Sunday, property analysts CoreLogic released weekly auction data demonstrating the …
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