Property

Create a free account with Business Times for seamless access across SPH Media products.

Property

Property Supplements

SUBSCRIBERS

Sydney housing market cools as auction rate falls

Published Tue, Oct 20, 2015 · 09:50 PM

Sydney

SYDNEY'S surging housing market may be cooling with the proportion of home auctions that successfully found a buyer last week falling to the lowest level in 10 months.

Sydney's auction clearance rate, a gauge of housing demand in Australia's largest city, fell to 66.6 per cent for the week ending Oct 18. That was the lowest lev…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes