New dwelling's boost construction sector
Things are looking up for the residential construction sector as the recent Australian Bureau of Statistics figures on new home building approvals revealed the continued positive results in Hunter region the past year.
Auction Update: 18th February 2019
There were 1,444 homes taken to auction across the combined capital cities over the week, increasing from the previous week when 928 auctions were held, although lower than this week last year when 1,992 auctions were held. Preliminary results show a clearance rate of 55.2 per cent this week. Last week’s final clearance rate came in at 51.1 cent across the combined capitals, the first time we have seen the final clearance rate hold above 50 per cent since September 2018.
Turning the property slump into an advantage
The continuous reports of the weakening property market may have rattled many people, but using a strategic property plan will help in overcoming the current hurdles in the sector.