Confidence is returning to the market, driven in part by growing speculation around a potential interest rate cut at the next Reserve Bank meeting. Buyers are reading the signals and responding with optimism, which is translating into healthy enquiry levels and solid attendance at open for inspections.
While we are still in the final stretch of winter, the energy feels more like early spring. Some vendors are bringing their campaigns forward to align with this change in market conditions, choosing to act now rather than compete with the expected influx of listings during the busier months of October and November. It’s a strategic decision that seems to be paying off, particularly for well-presented properties in sought-after areas.
Although stock levels are steadily increasing, they remain relatively tight, which continues to create a slight imbalance between supply and demand. Buyers are active across all price points, and demand is especially strong for homes that are thoughtfully priced and well-prepared for market.
As confidence builds and conditions start to align, now is an excellent time to take advantage of the current mood before the typical spring rush sets in.
If you are curious about the value of your property or wondering whether the time is right to sell, reach out to your local Marshall White team. We are here to help you navigate the market with clarity.