Rodney Samuels Consulting: The State of the Market
With a jump in reported auctions to just over 700 on the weekend we are starting to see the available property increase but it appears that the market is able to absorb it.
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With a jump in reported auctions to just over 700 on the weekend we are starting to see the available property increase but it appears that the market is able to absorb it.
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With the distraction of the AFL finally over we saw a return to the normal for the auction calendar.
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I have discussed previously the property market is going through a lot of changes at the moment, coming out of the Royal Commission and also the frustrating predictions of doom and gloom from the media. I thought I would put together a bit of an outline of what I am seeing across the market from my perspective as an Advocate with over 15 years’ experience.
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Well with the footy finals upon us normally we see a slight dip in the market as people are distracted and more interested in the next big game.
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With a slow but steady increase in auction numbers we are still seeing consistency in the clearance rate.
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