The Real Estate Institute of the Northern Territory says there are 285 residential properties on the Alice Springs market.Mr Carey wants the Northern Territory government to provide incentives for people to buy existing homes.
Mr Carey said there were currently 285 residential properties on the market, not including those under contract. "So the cheap money is gone and it's definitely impacting what people are willing to spend or can afford to spend."He said it was a buyer's market and April had been a very slow month.NT Police to win major funding boost in 2024 budget
"Previous schemes have been stamp duty exemption or funds towards doing some renovations, which was quite successful." "There were some concerns starting to creep in. We would have liked to gone out to the market a little bit earlier than we did," he said."I suppose some of the social issues in Alice Springs were starting to creep into the thought process and increasingly becoming of concern.""Myself, my wife and my daughter had a fantastic time in Alice Springs," he said.