Sydney property vendors needing to knock 5% from asking prices: APM heat chart
Jonathan ChancellorFebruary 6, 2021
September property market offerings had a mixed trend across the country as to the required discounting before offerings were sold by vendors.
The latest APM heat chart showed only Canberra with a marked lower discount required in the private treaty markets, down to 4.3% discounting.
Sydney property vendors needed to knock 5% from asking prices.
According to APM, the Brisbane and Perth private treaty market slowed in September.
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.