22 Jun 2023

First rise in residential property sales in two years

From Morning Report, 7:35 am on 22 June 2023

The property market may have turned a corner, with the first increase in the number of property sales in two years.

Figures released by property data firm CoreLogic today reveal a 7-point-5 percent increase in the number of residential sales in May this year compared with the same time last year.

CoreLogic's senior property economist Kelvin Davidson spoke to Ingrid Hipkiss.