Rodney Samuels Consulting: The State of the Market

Posted by on 03-01-20 in Uncategorized

With a bumper weekend of auctions and the media predicting doom and gloom again due to the Coronavirus we saw the market continue to stay strong

A clearance rate of 79% was achieved which shows the market is still strong with plenty of demand.

As I have mentioned over previous years we still have very low stock levels and an ever increasing level of demand due to immigration into the State.

Whilst there are not enough new homes being created in the pockets people want to live and money is cheap to borrow we should continue to see a strong clearance rate and positive growth.

Remember the media aren’t there to give you good advice they are there to sell newspaper’s.

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