Number of highly engaged buyers has ‘picked up a bit’ over the past few months

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REA Group Economist Angus Moore says the number of highly engaged buyers has picked up a bit over the past few months. Mr Moore said REA is seeing pretty strong auction clearance rates, particularly in Melbourne this weekend. “If we’re looking kind of over the broader trend, demand remains pretty solid,” Mr Moore told Sky News Business Reporter Edward Boyd. “It’s not what we were seeing in Spring 2021, early 2022, when conditions were incredibly hot. “But we are seeing relatively solid demand and certainly a bit better than what we were seeing say 12 months ago.” In partnership with realestate.com.au