Property market set to soar in 2013 With spring 2012 being one of the most disappointing on record, due to a decrease in property listings of up to 40% buyers are now out if force. I haven't seen this sort of enquiry for three years we have already signed up a whole quarters worth of business in 15 days.
The phone didn't stop ringing up until the 24th and then it started on the 2nd of January at 9.00am. One of the reasons we are so busy is because so many people missed out on buying a property in spring last year and desperately want to get settled in the first part of 2013. There's no doubt the property market is going to move between 5 and 7% this year in the price ranges up to $2mill because we just won't have the stock coming on to the market and competition will push prices up.
With 3% interest rates keeping money in the bank is ridiculous and people are acting on that getting us to buy them investment properties left right and centre. All that I can say is that if it keeps on going on like this we will see a great revival for the property market in 2013.