News

October slow, but prices rebound

Thursday 6th of November 2008

There were 503 sales recorded for the month, compared to 796 in October last year. The average sale price increased from $495,873 in September to $520,039 in October.

Managing Director Peter Thompson believes the market was impacted by the series of significant announcements relating to the fall-out from the international credit crisis, coupled with the normal pre-election hesitancy.

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