property to the moon, page-68

  1. 190 Posts.
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    Thanks very much for posting that gtsman_05. Some very interesting figures.

    One question immediately springs to mind on seeing that data:

    1. Did the number of listings fall because the properties which were removed from listings were:
    a) sold; or
    b) taken off the market due to the vendors expectations not being met (ie, they'll try again another time)?

    In view of the fact that the trend is clearly towards increasing numbers of properties listed for sale, that additional data is clearly relevant to analying the reason behind the slight fall.

    Some other observations:

    1. Weighted auction clearance rates are now nationally below 50%. I don't know how Rpdata can describe that as "strong".

    2. The data shows that rental listings are 18.5% higher than they were at the same time last year. I might be missing something here, but surely that also must be translating into increased rental vacanies.





 
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