With fewer than 400 auctions conducted over the weekend, some may argue it’s too early to draw firm conclusions about where the property market is headed in 2025. However, an 82% clearance rate is undeniably strong, and it raises an important question: Is confidence returning to the market?
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The Melbourne property market has recently exhibited signs of renewed interest, with the first weekend of auctions and open houses attracting substantial crowds. This uptick in activity suggests a potential shift in market sentiment, possibly driven by expectations of an interest rate cut and the prospect of a change in the federal government.
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Why You Should Use a Buyer’s Advocate When Buying Property
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Why Property Market Predictions at the Start of the Year Often Miss the Mark
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The last full weekend of auctions has been run and won as we head into the Christmas season.
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