Buyers remain in control as auction market continues to soften
The early auction clearance rate for the combined capitals has dipped to 50 per cent once again, with buyers continuing to have the advantage of better negotiating power in a softe...
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The early auction clearance rate for the combined capitals has dipped to 50 per cent once again, with buyers continuing to have the advantage of better negotiating power in a softe...
With conditions softening across the country, vendors need to leverage strong negotiations to achieve results, while buyers should see it as an opportunity to act before the market...
First home buyers continue to take advantage of the subdued market, increasing their share of the market.
Latest property auction figures reveal shift in market
With softening prices and confidence falling, tensions are on the rise as vendors and buyers search for common ground, with winning in negotiation the key to achieving the desired...
Buyers have more time and choice, while vendors are not budging on price, leading to a stand-off of who is going to blink first.
Mortgage rates changed little in response to new jobs and inflation data, but sellers are still increasingly outnumbering buyers in a sign of weakening demand.
Nearly 80% of major US metros are now buyer's markets, with negotiating power tilting
Concerns over buying in a falling market and a lack of supply of suitable homes have dampened demand in the property market.
Spring selling season is off to a weaker start, but what does the softer market mean for investors as buyer demand, listings, and borrowing conditions evolve?
Auction conditions have split across the two largest markets, with Melbourne recording a lift in preliminary clearance rates while Sydney’s recovery stalled.
Redfin data shows there were more sellers than buyers in June, handing negotiating power to those who can afford to act
Capital city auction markets have generally produced better results over the past week although most markets continue to report subdued conditions. Weekly Auction Results to Saturd...
Fewer prospective purchasers enter the market but activity remains stable
Last week’s early clearance rates signalled a possible rebound, with Melbourne leading the way as “nervous” vendors appear to adjust their price expectations for cautious buyers.
Despite falling property values, Australians continue to be locked out of the housing market as affordability declines, with just one in eight properties within the purchasing powe...
As the weather starts to warm, green shoots typically begin to emerge in the property market. The spring and summer season historically sees vendor activity rise, with a surge in n...
Sellers outnumbered buyers by 51% in July—just shy of December’s record high—giving buyers more negotiating power. The number of buyers in the market fell to a record low of about...
New listings hit a three-month high, but near-record mortgage rates are keeping buyers on the sidelines
Tasmania has bucked the trend of cooling market conditions, with the Apple Isle holding firm while the nation broadly declined.
Australia’s property market may be giving investors more room to negotiate, with vendors now accepting their largest discounts in more than three years as buyer demand weakens.
Homebuyers have more choices and more time to make decisions as the market has slowed this summer and sellers are increasingly adjusting their expectations to match, according to R...
Spring saw the housing market shift toward home shoppers, with 70% of the top 100 metros favoring buyers or heading in their direction.
Regional vendors have been making more when it comes to reselling their homes, as those in the capital cities feel the sting.
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