No slowing in Canberra house and unit sales speed: APM heat chart

No slowing in Canberra house and unit sales speed: APM heat chart
Jonathan ChancellorMay 29, 2013

Adelaide was the only capital city to show any significant improvement in April selling times, according to Australian Property Monitors.

There was a typical 115-day selling time during May for houses and units, down from the 132 days during April for private treaty sales in Adelaide. Its the quickest sales time since May 2011.

Sydney's typical private treaty sale time improved by just a day to 79 days in May, according to the figures. So too did Canberra with a day's reduction to 76 days.

The sales' speed slowed in both Brisbane and Perth, APM research analyst Clinton McNabb noted. 

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Source: Australian Property Monitors

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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