Latest / The PROPERTY DOCTORS, Sydney Australia Novak Properties
EP. 1711 - AUCTION CLEARANCE RATES AREN'T THE HOLY GRAIL...
🏡 The property market isn't as bad as the headlines suggest.The biggest challenge right now isn't supply—it's buyer confidence.📊 Instead of focusing only on auction clearance rates, look at days on market, stock levels and buyer activity to get the full picture.📉 While homes are taking longer to sell, we're not seeing the flood of listings many expected after recent reforms.🏠 Many investors, particularly retirees, are choosing to hold rather than sell, which is keeping stock levels tight.💡 Properties are still selling, but buyers are taking longer to make decisions and sellers are being more…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.