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𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗟𝗶𝘀𝘁𝗶𝗻𝗴𝘀 𝗥𝗶𝘀𝗲 𝟳.𝟵% Large numbers of new listings have come onto the market, which will have implications for both buyers and sellers during spring. Across Australia, a total of 249,523 properties were listed for sale in August, according to SQM Research. That was 7.9% higher than the month before and 11.1% higher than the year before. That means buyers will have more choice and less competition, which will give them more time to conduct due diligence and provide them with more negotiating power. Conversely, vendors will have to work harder to attract buyers to open homes, which will incentivise them to invest more in marketing and move towards buyers on price. #property #realestate #homeloans

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