October 14, 2019

Real Estate Market News

Spring is here and so are the buyers – but where are the sellers?

Strong clearance rates were once again the theme of the day. Buyers are now reluctantly coming to terms with the low volume of properties for sale and realising that the only way they will be able to secure their dream home is to go in “boots ‘n’ all” as we saw at a number of today’s auctions.

As we look forward, time is running out for vendors thinking of selling this year so we don’t expect to see any real change in regard to the number of auctions and private sales for the remainder of 2019.