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Auction market peaks as spring distractions fade - The Indian Sun
Summary by theindiansun.com.au
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Auction market peaks as spring distractions fade - The Indian Sun
Australia’s housing market has hit its seasonal stride, with auctions across the country surging to springtime highs after the traditional Melbourne Cup lull. The latest My Housing Market figures show 67.6 per cent of homes sold under the hammer last week, down slightly from 69.1 per cent the week before but well above the 59.6 per cent recorded this time last year. The rebound comes as the Reserve Bank’s decision to leave rates unchanged in Nov…
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