Auction market ‘reasonably busy’ for winter

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Auction market ‘reasonably busy’ for winter
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REA Group Economist Angus Moore says the auction market has been “reasonably busy” for a winter period.

REA Group Economist Angus Moore says the auction market has been “reasonably busy” for a winter period. “In June we had more properties come into market and listed on realestate.com.au to start winter than any June since 2011,” he told Sky News Australia.

 

Looking like wait and see.

Yes, exactly right! The so called Bank experts and The Age have got it wrong again. Due to high cost of building materials new builds will drop dramatically and strong demand will continue for existing homes offsetting decline due to interest rate hikes. Market will remain strong

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