Poly sells 40 apartments at its new Melbourne project
![Poly's Melbourne apartment project Summit Doncaster Hill.](http://web.archive.org./web/20181120075630/https://www.afr.com/content/dam/images/h/1/8/4/g/t/image.related.afrIndexLead.320x210.h183z7.png/1542696154678.jpg)
Off-the-plan apartment sales clearance rate hovers around 40 to 50 per cent in Sydney and Melbourne.
Off-the-plan apartment sales clearance rate hovers around 40 to 50 per cent in Sydney and Melbourne.
The CEO of Fletcher Building says a combination of a bank credit crunch and sky-high property prices have triggered a housing construction slowdown.
The IMF has signalled support for Labor's plan to curtail negative gearing, but warned that reducing tax breaks that encourage excessive borrowing must be part of a broader tax reform.
Crown Group's sold $40 million in apartments but won't reveal how many bought.
HSBC chief economist Paul Bloxham said the falls in house prices were larger than previously forecast but to date had been 'orderly' and did nothing to affect his expectation of a 'soft landing'.
For the first time, more flats are being built in Australia than houses but apartment dwellers aren't as happy with their arrangements as th...
Villa World anticipates "limited" new land acquisitions but more ready-built homes in a quieter market.
Purplebricks Australia chief executive Ryan Dinsdale has joined an exodus of senior managers from the British hybrid agency after just two-a...
Conservative developer says the number of troubled developers looking to offload land has grown over the past six months.
Tight credit curbs and low clearance rates are making agents even in inner-suburban Sydney end sales campaigns earlier than ever.
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