From Property Observer today comes new data from APM showing that the number of days taken to sell a home increased in the month of July across all of Australia’s state capitals, and has increased year-on-year across all capital cities:
Here’s the breakdown:
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- Sydney: up 14% since July 2011 and by 43% since July 2010
- Melbourne: up 24% since July 2011 and by 80% since July 2010
- Brisbane: up 7% since July 2011 and by 63% since July 2010
- Perth: up 6% since July 2011 and by 42% since July 2010
- Adelaide: up 18% since July 2011 and by 44% since July 2010
- Hobart: up 46% since July 2011 and by 110% since July 2010
- Darwin: up 22% since July 2011 and by 111% since July 2010
- Canberra: up 15% since July 2011 and by 71% since July 2010
