Sydney's preliminary clearance rate climbs above 80 per cent as market continues to make up lost ground
Auction volumes remained steady across the capital cities for the week ending August 11, while preliminary clearance rates rose in Melbourne and Sydney.
Knight Frank expands Prestige Residential sales team with two new appointments
Knight Frank has welcomed two new agents to its Prestige Residential sales team, with Adam Ross and Oliver Stillman adding to the firm's global presence in the sector.
Dentons advised on all aspects of the collective sales process and handled the Land and Environment Court proceedings, while Colliers International agents Gus Moors and Karen Wales marketed 252 Sussex Street through an International Expressions of Interest campaign.
Real Estate Institute of Australia President Adrian Kelly said overall the figures for June 2019 show, in seasonally adjusted terms, that the number of owner-occupied finance commitments excluding refinancing increased by 0.4 per cent.
Ray White members descent onto Queensland for Ignite 2019
Queensland's Ignite 2019 program brought together over 700 Ray White Group members for a day of training and advice on how to navigate current market conditions.
Overall lending to home buyers (excluding refinancing) posted a modest lift in June but remains considerably below earlier levels, according to Housing Industry Association of Australia (HIA).
Bargara residential development heading to auction through Ray White Special Projects
A 5.935 hectare land development site, designated as Low-Density Residential and directly adjoining the Palm Lakes Bargara lifestyle resort, is being marketed by Ray White Special Projects Queensland Executive Directors Mark Creevey and Tony Williams.
All states experienced a decline in fresh property sales listings, with Sydney -32.5% lower than a year ago, Melbourne is down -29.3%, and Brisbane has decreased by -19.8%.