A phrase consistently heard in the current property market is “I wish the media would stop talking the market down”. Is the media being made a scapegoat for the market’s cyclical fluctuations and corrections which often result in people not achieving the sales results they’d hoped for? Show More
The June property market became a little like the movie Groundhog Day, with repetitious news reports on conditions and auction outcomes along with an overall funk in the market that was hard to shake. Show More
Hi Raymond and David, we have had it pretty good for the past few years with interest rates. I think we will continue to see an overall continued softening in the property market. However, quality properties are still achieving good results. Buyers have now become picky and the urgency to purchase has evaporated but we believe this to be a more sustainable market for the medium to long term. Regards, Matt.
Hi Mark, Justin and Patrick, thanks for the pick up. Property values I feel are now back to 2016 levels. This has now been updated. Hope you found the article informative. Regards Matt.