September 9, 2019

Real Estate Market News

While Buyers are Pouring in, Vendors are Only Trickling into the Market

For a number of weeks now, we’ve seen buyer numbers steadily but surely increasing. While consistent auction clearance rates confirm this, it has not translated into an increase in the number of properties for sale which is only widening the gap between supply and demand.

Another interesting fact is that we have seen a rising number of expats from Hong Kong looking to purchase back in the local market.