| 05.03.2012 - Australia: Housing market 'stable' despite the dark clouds |
| The weekend's damp weather made for some challenging auctions held among crowds of umbrellas and pouring rain but another clearance rate above the 60 per cent mark delivered relief to agents and buyer advocates. The Real Estate Institute of Victoria recorded a clearance rate of 62 per cent over the weekend from 797 auctions. Following last weekend's 63 per cent, some pundits are cautiously describing the market as ''stabilised''...............................................Full Article: Source |