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Online real estate sites benefit from slower market, say Citi analysts

10-Sep-2017


Lucy Battersby, The Sydney Morning Herald

A slowing real estate market with clearance rates as low as 45 per cent is good news for online property sites because vendors will have to list their houses and apartments for longer, according to analysts at Citi Research. 

Sites like Domain and Realestate.com.au will also benefit if investors pull out of the market, because vendors will have fewer potential buyers. 

Go to The Sydney Morning Herald and read the full story.


The Sydney Morning Herald
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