JANUARY EDITION
09
Demand is expected to remain strongest from first-time buyers and upgraders , many of whom are spending money on a house they might otherwise have used on overseas holidays . As always we remind you that the future remains uncertain for many reasons :
• JobKeeper and JobSeeker support is set to be wound back by March ;
• The international borders remains shut ;
• Unemployment tipped to significantly rise ; and
• The number of properties for sale over 2021 will increase and create more choice for buyers .
What we do know is market fundamentals right now are helping our clients who are looking to sell . Our data tells us that our auction clearance rates finished 2020 on a high note and we call one in three auctions nationally . So there ’ s a deep buyer pool for sellers to take advantage of right now . Our question remains , “ What are you waiting for ?”
“ Demand is expected to remain strongest from first-time buyers and upgraders .”