Decrease public sale ranges sign attainable slowdown


“Faculty holidays solely simply wrapped up. So we’re anticipating exercise to select up within the coming weeks,” stated Christian Stevens, cofounder and chief govt officer of Sydney-based brokerage Flint Group. “Purchaser demand stays sturdy, particularly in premium suburbs the place inventory is tight and well-priced properties are nonetheless attracting competitors. That stated, if public sale numbers keep low and clearance charges soften over the approaching months, that might point out a broader shift. However for now, this appears to be like extra like a market adjustment fairly than a downturn.”

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