Signs of calm? Signs of continuing hype? Signs of the upper end starting to move?
The answer is yes, yes and yes.
As was heavily reported, the largest number of properties (this year) were being Auctioned over the last weekend in March. Initially, this has given buyers a little more choice and therefore has a cooling effect overall.
Interest rates dropped this month, there has already been early evidence of increasing market confidence, but it is too soon to really analyse the full impact. In this edition though, we are bypassing the sales report because there is much ado on the investment / rental side. As savvy investors … Read more
Sales Report: We’ve now moved past Easter/Anzac Day/Election phase and into the next stage of the property cycle. As is typically the case at this time of year, we’re seeing a reduction in the number of new listings coming to market. Buyer demand however, remains steady – so we’re expecting … Read more