Stock selling faster - or equally as fast - in seven capital city markets in October: APM
Jonathan ChancellorNovember 4, 2012
Brisbane was the only capital where the pace of residential property sales slowed during October, according to Australian Property Monitors.
It was a dramatic tunraround for Brisbane given its September results.
Stock was selling faster - or equally as fast in Melbourne and Canberra - in most capital city markets over October.
The biggest improver was Perth were the time on market dropped from 120 days to 110 days.
Canberra remained the quickest, Clinton McNabb at Australian Property Monitors said.
Click to enlarge
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.
