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Tag: flooding

  • Property sellers are flooding the market but buyers aren’t biting | Housing market warning sign…

    Property sellers are flooding the market but buyers aren’t biting | Housing market warning sign…

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    Property sellers are flooding the market but buyers aren’t biting

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    Is the booming housing market party winding down? If the recent falls in auction clearance rates are an early indication, the answer is yes.

    We are a long way from calling this a buyers’ market, but a sharp deterioration in clearance rates – the percentage of properties that go to auction that are sold – is an early signal that over the past couple of weeks, buyers have developed the yips.

    In the past two weeks, clearance rates have significantly weakened and in the major markets of Sydney and Melbourne, prices are struggling to move up.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

    For more detailed information, explore updates concerning Property sellers are.

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  • Major flooding in Katherine as river ‘rising rapidly’ | Twenty pregnant women evacuated from NT h…

    Major flooding in Katherine as river ‘rising rapidly’ | Twenty pregnant women evacuated from NT h…

    Explore the latest developments concerning Major flooding in.

    Major flooding in Katherine as river 'rising rapidly'

    Emergency flood warnings are in place for the Top End Northern Territory communities of Katherine and Beswick.

    The Katherine River surpassed the major flood level of 17.5 metres this evening and forecasters say further rises are possible tonight.

    Residents of Katherine, Beswick and Daly River are being urged to move to high ground and shelter indoors, with several shelters open in Katherine. 

    Major flooding is now occurring in the Northern Territory town of Katherine, 300 kilometres south of Darwin, after heavy rain led to rapid river rises this afternoon 

    The Katherine River reached the major flood level of 17.5 metres this evening, and authorities are warning it could rise as high as 18m later tonight.

    Twenty pregnant women evacuated from NT hospital as two states prepare for major flooding

    BoM issues flood watch covering most of Queensland while NT authorities warn houses and roads could be inundated

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    Queensland and Northern Territory towns are being warned to prepare for major flooding as multiple tropical lows across northern Australia unleash a deluge.

    The Bureau of Meteorology has issued a flood watch covering most of Queensland, with major flood warnings in place across several river catchments including the Flinders, Georgina and Thomson rivers and the Eyre and Cooper creeks.

    A tropical low northeast of Cairns was expected to cross the coast near Innisfail on Friday, bringing the risk of widespread heavy rain, before moving south-west into central and southeastern Queensland at the weekend.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

    For more detailed information, explore updates concerning Major flooding in.

    For more news…