Right now there’s a rush among buyers to secure a home before the end of the year which bolstered the property market last weekend. A shorter than normal hiatus is expected over Christmas this year. This year’s selling season will be extended with new listings continually being added to the market and auctions being booked right up to Christmas eve. Buyers say the cash rate cut is helping to boost confidence as they know their repayments will remain low for the foreseeable future. Demand has been strongest from first-time buyers and upgraders, many of whom are spending money on a house they might otherwise have used on overseas holidays, which have been stopped because of COVID-19.
Read more: Ray White Now Vol. 26 – Digital
Welcome to Ray White Now – December 2024. Each month, we take a deep dive into our data, with a focus on: House price movements Listing activity Auction insights We hope that this analysis will give you and your customers a holistic view of the market in order to spur effective … Read more
Ray White’s “A Little Ray of Giving” is back! An initiative, where we help thousands of underprivileged families at Christmas. 🎄🎄 We are excited to start spreading Christmas cheer and we need your help! We are partnering with Community Support Frankston for the 13th year, to help local families who … Read more