Rodney Samuels Consulting: The State of the Market

Will a jump in the clearance rate be accepted with open arms or just another inconvenient truth for the media to deal with.

As we roll through the up coming Federal election campaign the property market has since it’s first foray into the lows 60’s for a while.

A clearance rate of 63% was achieved on the weekend which should be taken as a very positive sign.

Whilst one good weekend doesn’t make for a good market it does show that when there is good property available the market is there for it.

If we continue to see good property become available in combination with an increase in funding by the banks we could see the market continue to kick on.

Remember the media are not in the business of truth but selling newspapers.

Good news doesn’t sell newspapers.

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