Following Aveo’s announcement that its resales were down by 42% over the last half on 2017 (513 units in HY17 down to 299 in HY18), Lendlease has announced its sales were down 28% (453 units down to 325) and Stockland was down 16% (325 to 272).
Speaking to operators across the country, sales are still challenging. We are prepared to predict that January to June sales will be around 10% down for the sector.