Melbourne properties selling like hotcakes

Tuesday 14 February 2017

A new report from CoreLogic’s Cameron Kusher has revealed that the average number of days taken to sell a home in Australia has fallen, with Melbourne’s properties selling the fastest in the nation after falling to an historical low 29 days:

Over recent months the average number of days it takes to sell a residential property has been falling, reflecting the overall improvement in housing market conditions.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.