New home sales up 4.3 per cent in March 2011
For the third consecutive month, the number of new homes sold across Australia has increased. This appears to have been pushed up by solid gains in detached house sales in March.
The latest HIA Hew Home Sales report shows that the number of new homes sold increased by 4.3 per cent in March, following on from [...]
Auction clearance rates for May 14 and 15
The clearance rate for residential auctions this weekend is 56% from the 518 auctions reported selling.
This is lower than the year to date clearance rate of 61% and less that the comparable weekend last year when there was 776 auctions reported with a clearance rate of 75%.
Of the 518 auctions reported this weekend a total [...]