Is the Adelaide Real Estate Market beginning to move?

September 26, 2013
Steve Pratt

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.

Posted in: Property market

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