Mixed messages but momentum maintained | The Real Estate Wrap with Leanne Pilkington

July 29, 2019 |
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Welcome to this week’s Real Estate Wrap with Leanne Pilkington, Managing Director of Laing+Simmons and President of the REINSW.

The school holidays are over, providing the chance for the property market to move back into full swing. Volumes were slightly up last week and clearance rates were again impressive but there’s still some way to go.

Find out more in The Real Estate Wrap for this week by clicking here.

TRANSCRIPT:

Hi everyone, Leanne Pilkington here coming to you for the last time from Vegas for my Real Estate Wrap. Heading home back to Sydney tomorrow.

We have had another great clearance rate. Preliminary rates are just over the 70 per cent again. Again, only 300-and-something auctions…haven’t got my notes in front of me, you know what it’s like.

So it’s still a high clearance rate off a low base of auction numbers but when you compare the numbers, there were only 47 per cent clearance same week last year. It’s an indication that things are certainly busier than they have been.

Like I say, I’m in Vegas so I really don’t know what else is going on. But you’ll be able to get all the information if you just click here and download the Wrap. I’ll catch you back in Sydney next week. Bye!

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