A stand-off amidst buyer and vendor optimism | The Real Estate Wrap with Leanne Pilkington
Welcome to this week’s Real Estate Wrap with Leanne Pilkington. There’s real interest from buyers. There’s more optimism among vendors. The number of people attending auctions is solid. Reasonably priced properties are attracting lots of people through open homes. However, these attendance rates don’t necessarily mean there are more offers or bidders. Agents will need to work harder to secure both sales and listings.
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Hi everyone. Welcome to the Real Estate Wrap for the week commencing, February 25.
We are still seeing strong-ish clearance rates. We’re still seeing reasonable numbers coming through opens and actually attending auctions, but nothing to get overly excited about, right? Certainly just a lot better than we were seeing towards the end of the year.
But what we do think will happen is that, once the properties that have been on the market for a little while sell, there’s going to be less listings coming on the market between now and probably the election.
Anyway, there’s lots more detail in the Real Estate Wrap. So click onto the link and I’ll see you next week. Bye.