Domain has released their preliminary results for today. More evidence of a slowing. Last week the result was 39.2%, (off the scale on the Domain chart!).
Preliminary results show similar weakness, and will likely settle lower ahead. This signals lower home prices ahead.
Brisbane listed 102, reported 48 and sold 29 with 3 withdrawn giving a Domain clearance of 57%.
Adelaide listed 80, reported 49 and sold 35 with 5 withdrawn, giving a Domain clearance of 65%.
Canberra listed 96, reported 80 and sold 37 with 5 withdrawn, giving a Domain clearance of 44%.
