What’s Happening In The 1st Quarter Of 2024?

What’s Happening In The 1st Quarter Of 2024?

The property market has seen a brisk start to 2024.

We’ve noticed three major trends:

  1. There are plenty of prospective buyers out there looking to purchase, particularly first home buyers who want to stop paying exorbitant rents and pay a mortgage instead.
  2. There are more properties on the market for these first home buyers to choose from.
  3. Despite the increase in stock, properties at the more affordable end of the market (such as one and two-bedroom apartments) are getting strong sales results.

The stabilisation of interest rates has resulted in renewed enthusiasm for buying and selling.

However, the fundamentals are still important – getting the presentation and pricing right.

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