4 days ago
‘Pretty solid': Melbourne housing market booms ahead of long weekend
REA Group Senior Economist Angus Moore discusses the Melbourne housing market ahead of the long weekend.
'With the long weekend in most states this weekend, it is going to be a little bit quieter in terms of housing market activity,' Mr Moore told Sky News Business Reporter Ed Boyd.
'Clearance rates, particularly in Melbourne, have been pretty solid … sitting around the mid-sixties.
'It's better than Melbourne's been seeing for some time, where it has been quite a soft market.'