Expert insightsInvestingSunny days far behind as days on market for houses increases in all capitals except Brisbane
Sunny days far behind as days on market for houses increases in all capitals except Brisbane
Jonathan ChancellorNovember 14, 2011
Days on market is a strong indicator of how the private treaty sales market is performing.
Source: APM
And the most recent statistics certainly show there has been a slowing in house sales intensity in most capital city markets in September.
The data has been provided by Australian Property Monitors.
Property Observer has put sunshine over the best-performing months of the past year and clouds over the slowest-performing months.
It will be interesting to see whether the dramatic Melbourne result continued into the mid-spring. Ditto the improved conditions in Brisbane and Canberra.
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.
