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top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
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Estate agents gear for bumper spring season

By Staff Reporter
13 August 2009 | 1 minute read

Real estate agents can look forward to a bumper spring selling season, statistics from RP data today revealed.

According to the property information provider, nearly 34,000 pre-listing reports, known as Comparative Market Analysis or CMAs, have been prepared by estate agents in the last two weeks, a 5 per cent rise on July’s pre-listings.

RP Data executive general manager David Williams said today’s data also represented a 36 per cent increase on this time last year.

“CMA activity has been trending upwards since the start of the year, signalling a dramatic increase in pre-listing activity and industry compliance,” Mr Williams said.

Other recent data releases from RP Data also point to healthy market conditions.

The national weighted average clearance rate is nudging 80 per cent and property values have increased by 4.5 per cent over the first half of 2009.

Estate agents gear for bumper spring season
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Listen to other installment of the Real Estate Business Podcast
Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.