{"id":36085,"date":"2013-06-13T21:52:22","date_gmt":"2013-06-13T11:52:22","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=36085"},"modified":"2020-09-17T11:53:29","modified_gmt":"2020-09-17T01:53:29","slug":"sales-stall-in-south-burnett","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2013\/06\/13\/sales-stall-in-south-burnett\/","title":{"rendered":"House Sales Stall In South Burnett"},"content":{"rendered":"<p><strong>June 13, 2013<\/strong><\/p>\n<p>Housing sales have stalled in the South Burnett region according to statistics released this week by real estate valuers RP Data.<\/p>\n<p>The South Burnett is listed among the 20 council areas across Australia where dwelling sales have been the lowest over the past year, compared with a five-year average.<\/p>\n<p>According to RP Data, there were 350 sales in the South Burnett in the year to March 2013.<\/p>\n<p>This compared with a five-year average of 597 and a 10-year average of 761.<\/p>\n<p>The South Burnett was the fourth worst across Australia in comparison with the five-year average (down 41. 4 per cent).<\/p>\n<p>Only the mining regions of Port Hedland (-43.6 per cent), Isaac (-45.0 per cent) and Roebourne (-45.4 per cent) were worse off.<\/p>\n<p>&#8220;The slowdown in these mining regions shouldn&#8217;t come as a surprise considering weaker commodity prices and a slowing of infrastructure projects associated with the mining sector,&#8221; RP Data&#8217;s national research director Tim Lawless said.<\/p>\n<p>The difference between sales in the past 12 months in the South Burnett and the 10-year average (down 54 per cent) was the second worst recorded by RP Data, with only Roebourne in Western Australia recording a greater drop off (down 57.6 per cent).<\/p>\n<p>Mr Lawless said sales were improving in volume in some regions of Australia.<\/p>\n<p>For the year to March 2013, there were an estimated 400,209 house and unit sales nationally, 2.3 per cent more than over the same period a year ago. However, sales were still down 8.8 per cent compared with the five-year average.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Housing sales have stalled in the South Burnett region according to statistics released this week by real estate valuers RP Data.<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>House Sales Stall In South Burnett - southburnett.com.au<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2013\/06\/13\/sales-stall-in-south-burnett\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House Sales Stall In South Burnett - 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