Overhang of unsold homes

Aug 21, 2024 | Economy, Property

21.8.24 House sales picked up in July after a holiday-affected June, but the overhang of unsold homes continued to put downward pressure on prices, says Michael Gordon, senior economist at Westpac. House sales* Monthly % change: +7.0% (Prev: -7.5%) Annual % change: +14.5% (Prev: -17.1%) House Price Index* Monthly % change: -0.5% […]

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Overhang of unsold homes

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