Tag: weekly market wrap
As demand increases, buyers pay the price for delayed decisions. During October, Canberra experienced an 8.4% increase in new listings.
New development tends to evoke strong responses from the community, some people either do not want to participate in change.
Time is rapidly evaporating for those looking to secure their $25,000 HomeBuilder Grant and the window of opportunity is closing faster than you may think.
People who have ever looked for a property to lease or buy may remember the honeymoon phase filled with hope of initially finding the perfect one.
Auction results are showing the increased listing volume during the last several weeks has failed to impact on buyer demand.
Domain reported an 84% preliminary auction clearance rate for 3 October, indicating there is no relief in sight for those seeking established properties.
The Federal Government has announced scrapping responsible lending laws allowing lenders to simplify approval processes.
Low interest rates and strong local economy have led to an increase in the number of people considering investing in properties in Canberra.