The auction market keeps proving consistency is key.

A clearance rate of 76% was achieved with 748 auction conducted out of 1432 that were scheduled with 565 sold.

What does this all mean? We might be seeing slightly more properties hit the market but we are still seeing plenty of buyers out in the market place ready to buy.

The big change is now the talk of not interest rate rises but cuts at some point.

People are now thinking if we aren’t at the top of the interest rates we are very close so better to get in before everyone else does and prices start moving up.

So is now the time to buy or is it time to be cautious?
As always the best time to buy is when you’re ready.