๐๐ฎ๐๐ ๐ผ๐ป ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฎ๐น๐น๐ถ๐ป๐ด ๐ถ๐ป ๐บ๐ผ๐๐ ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐๐ถ๐๐ถ๐ฒ๐
In a further sign that property prices have bottomed out in several capital cities, vendors are selling their homes more quickly.
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When days on market are falling, that means buyer competition is rising, which puts upward pressure on prices.
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The median time it took for properties to sell in March was 34 days in capital cities (down from 37 days the month before) and 50 days in regional markets (up from 48 days).
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Days on market fell in most capital cities between February and March:
* Perth = from 27 to 23 days
* Brisbane = from 35 to 34 days
* Melbourne = from 37 to 34 days
* Sydney = from 45 to 39 days
* Hobart = from 45 to 42 days
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However, days on market did rise in some cities:
* Adelaide = from 35 to 36 days
* Canberra = from 49 to 50 days
* Darwin = from 58 to 68 days
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Interest rate rises are here, but you donโt have to fear with the right broker on your side.
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