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Real Estate Market News
Long Weekend Allows Time To Reflect

The first wave of 2020 auctions is now behind us and intending buyers and sellers will probably look at this long weekend hiatus as a good opportunity to reflect on the year’s results to date. With Melbourne’s residential real estate market standing up strongly in the face of weak financial markets, those passing up buying opportunities due to concerns about global sentiments will hopefully embrace the offerings coming onto the market between now and Easter with more confidence. To not, may well prove very costly! Whilst potential sellers will perhaps be drawn into action in greater numbers, it would be a mistake to assume this will be the case to a meaningful degree.

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