Rodney Samuels Consulting: The State of the Market

With another strong weekend of auction results we can see that whilst the market is performing well it is consistent.

A clearance rate of 81% was achieved on the weekend.

What this means is that the market is in low growth stage still.

Moving forward buyers must remember not to chase the market but not take a buy at all costs mentality.

In a growing market it is easier to make bad decisions by panic buying.

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