Property listings rise throughout Australia
The number of properties for sale continues to increase, meaning buyers have an increasing amount of choice.
SQM Research has reported that the number of property listings in March:
* Rose month-on-month in every capital city
* Rose year-on-year in every city except Perth
That said, listings numbers “remain well below long-term averages”, according to SQM.
It’s possible numerous potential vendors are holding off selling until prices increase. Ironically, if that’s true, and a flood of new listings hit the market at some point in the future, that would put downward pressure on prices, as higher supply generally means lower demand.
Subiaco finance brokers are here to help
Interest rate rises are here, but you don’t have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. We’ll 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.
Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.
