News

Property sales and prices down in July

Thursday 11th of August 2011

July saw 4,928 unconditional sales for the month, up by 517 sales on July 2010 though 301 sales less than June 2011, "a slightly larger decline than the seasonal pattern expected for the time of year."

The national median house price was down 4.2%, falling $15,000 to $345,000, continuing the trend of moving between $340,000 and $365,000 each month evident since June 2009.

"The J...

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