After a booming 4 years of property sales and property price growth across the Sydney market, clearance rates consistently above 80% and seemingly unrestrained lending, as the middle of March 2018 approaches and clearance rates (as reported) are hovering around 66%, if you believed what you read, we are heading for...
The ground under the recent price boom has started to shift, though. Some noticeable changes have taken place in the last 6 weeks:
Are we watching a bubble deflate, or could it simply be an over heated market normalising. Debunking the ‘bubble will burst’ theory. We all remember the balloon deflation and inflation experiment without bursting the balloon, right?
Recent months have seen increased activity amongst off market property sales. This presents both an opportunity and a challenge for buyers, in that buying off-market offers significant benefits – but sourcing the cream of the off-market crop requires an intimate connection to the local market and its participants. ...
