29 January 2012

“This week we resume our regular weekly updates on www.propertyDATA.com.au, with a special publication of sales reported over the summer break. This week’s figures reflect all sales reported to REINSW between 19/12/2011 and 28/01/2012. The number of auctions held during this period was characteristically low, but the overall clearance rate of 59% per cent shows that some vendors and purchasers are keen to make a deal, irrespective of the time of year. In a promising start for 2012, around 500 private sales per week were finalised during the break.”

Tim McKibbin
REINSW CEO