Expert insightsBuying'Extreme' selling conditions in Sydney pockets: Commonwealth Bank-CoreLogic Home Buyers Index
'Extreme' selling conditions in Sydney pockets: Commonwealth Bank-CoreLogic Home Buyers Index
Property ObserverJune 14, 2015
New figures from the Commonwealth Bank in conjunction with CoreLogic RP Data show a number of 'extreme' conditions for selling property located within the western, outer west, outer south west and inner Sydney suburbs.
The Commonwealth Bank-CoreLogic Home Buyers Index (HBI) April 2015, released today, noted LIVERPOOL-Fairfield and Blacktown as suburbs which market conditions became much less favourable for sellers during the three-month period ending in April.
The report also suggested appropriately-priced are selling quickly and often above list price, with buyers "having much less negotiating power due to low stock levels and rapid selling times."
