Australia Real Estate News

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Australian Property Stocks Decline on Centro NSW bottom of the real estate table
Australian property trusts slid the most in almost three weeks on the country's stock exchange as investors shunned the shares because of concern that access to credit may suffer as retail spending in the U.S. wanes.
The NSW residential property market lagged behind the other states in terms of the number of properties sold and average days before sale, according to a national survey of over 300 real estate agents by Macquarie Relationship Banking.
   

Australian Property Stocks Decline on Centro

Australian property trusts slid the most in almost three weeks on the country's stock exchange as investors shunned the shares because of concern that access to credit may suffer as retail spending in the U.S. wanes.

NSW bottom of the real estate table

The NSW residential property market lagged behind the other states in terms of the number of properties sold and average days before sale, according to a national survey of over 300 real estate agents by Macquarie Relationship Banking.

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