For the first time in a long time the stock levels are rising week on week and currently sit at 5,200 listings for Perth metro. This is approximately 700 more listings than 4 weeks ago and 2000 more listings than earlier this year.

This is the first semblance of opportunity Buyers have seen for some years, although it is likely that the rise in stock will abate while still at a position of undersupply for the market.

If interest rates are cut next year the current market conditions really will be seen as a short window of opportunity for Buyers.

At the coal face selling homes we are still busy.

Home open attendances for well presented, well located homes are still strong, with the only abatement being for the traditionally niche stock, like fixer uppers and main road properties.

Our Buyers are still predominantly owner occupiers with a pool of investors looking at older style near city apartments favourably, based on yield.

As a Seller it has never been more important to understand the changing market dynamics. Pricing and positioning are critical.

Does a Trump election make a difference?

Honestly, who can tell if the election rhetoric will become reality.

The curve ball for the next 4 years will be the fallout of a Trump Presidency and how it affects the global economy.

We are Selling Agents who specialise in the south east inner city.

If you are chasing information in relation to your property please do not hesitate to get in touch.

Derek Baston
0417 99 23 24