๐ฃ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ ๐๐ถ๐๐๐ถ๐ป๐ด๐ ๐ฅ๐ถ๐๐ฒ ๐ถ๐ป ๐ฎ๐น๐น ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐๐ถ๐๐ถ๐ฒ๐
Buyers will be pleased to see the number of for-sale properties throughout Australia increased 9.3% between August and September, according to SQM Research.
SQM managing director Louis Christopher said this was the strongest September result since 2018 and the strongest monthly result since April 2022.
โThe pick up in new listings is a sign of confidence from vendors that the current market is offering good selling conditions. Buyers would also be noticing the increase in choice of stock,โ he said.
โHowever, a note of caution as we also did record a rise in older stock which suggests there are vendors with overly lofty pricing expectations in the market. And while activity has increased in 2023, it is not a boom market by any means.โ
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Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. Weโll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.
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