"Sales of new homes sank 9.4 per cent in March to 5443 homes nationwide, following a 3 per cent rise in February, according to the Housing Industry Association. Monthly sales were in excess of 11,000 homes as recently as May."
http://www.smh.com.au/business/home-sales-sink-to-lowest-since-1994-20120430-1xtur.html
makes the market much more reliant on current stock. Maybe equilibrium isn't far away.
- Forums
- Property
- home sales sink to lowest since 1994
home sales sink to lowest since 1994
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online