Hidden sales results could be skewing property figures
Sydney’s property market could be in worse shape than it would seem on the surface with sellers withholding or delaying “bad” sales and results.
Experts have calculated that approximately 60% of auction results were made public in the last two months, down 20% since this time last year.
CEO of McCarthy Property Consultants, Warren McCarthy, joins John Stanley to discuss the declining disclosure of sales data, auction clearance rates and developments to the first home buyers scheme.
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