'Buyer confidence coming back' to housing market | Sky News Australia

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There were 2,500 houses up for sale over the weekend with a clearance rate at auction of 77 per cent, showing a strengthening market.

Sky News business reporter Edward Boyd said “if we look back just one week ago it was 1,600 houses for sale, so

more and more houses are coming onto the market”. “We’re seeing a lot of buyer confidence coming back”. Image: Getty

 

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Yes all Landlords pity the first home buyer didn't get those tax breaks.

Are you reffering to the 823 auctions scheduled in Sydney. Of which 466 reported as sold. 56% clearance rate.

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Auction market experiences ongoing strength across Australia | Sky News AustraliaCoreLogic’s Kevin Brogan says 'another really big increase in auction activity' has been experienced across Australia's capital cities. \n\nThe property commentator gave Sky News an update of auction results across the capital cities in the nation, with 2,466 auctions being held and plenty of up-beat activity on show. \n\n'Clearance rates are at 77.7 per cent on a combined capital city weighted average,' Mr Brogan said. \n\n'In Sydney we had just over 900 auctions with a clearance rate of 81 and a half per cent,' he said. \n\nImage: Getty
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