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Residential Listings Rise, Buyer Interest Wanes

residential listingPhil McCarroll writes an article for the website Your Investment Property where he talks about a big increase in residential listings for Sydney for the month of October. There is a 22.5% rise compared to September and the figure stands at 28,827. This is a three-year high and an 11.6% leap compared to the figure registered in October.

While the number of sellers has increased, the buyer interest has flagged and sellers are expected to have a tough time ahead.

You can read the original article here.