September 26, 2013
Is this a sign that things are on the up?
Competition for properties is increasing.So far this week we have had three clients miss out on a property to people already finance-approved.
At a lender promotion today we learned that Sydney and Melbourne auction clearance rates have increased to about 80% in the last 6 months and time on market is reducing. Adelaide is typically 9-12 months behind so this competition could be an early sign of things to come.