New home sales continue to retreat from record highs
A 15.7 per cent slump in new apartment sales contributed to a 3.7 per cent drop in new home sales across the country, with Melbourne the only national capital to record an increase.
Many home sellers get worked up about auction day, and while it can certainly be an emotional event, it’s actually the four weeks prior to the ‘big day’ that really count.
“The housing sector has already stepped back from its role driving the Australian economy and now is not the time for governments to hit the industry with punitive charges,” warned Tim Reardon, HIA’s Principal Economist.
The Australian government must elevate its role in shaping cities, Romilly Madew, CEO of the Green Building Council of Australia told the House of Representatives’ inquiry into city development.
Malvern, Adelaide, popular with buyers, says agent Bonnie Whyte of klemich
Bonnie Whyte of klemich sold a four-bedroom, stone home in Adelaide's Malvern for $2,096,000 at auction on the weekend. Eight parties wanted to buy the home, she told SCHWARTZWILLIAMS.