Monday, 11th Mar

Clearances rates steady across most Sydney regions

Clearances rates steady across most Sydney regions.

The auction clearance rates over the weekend stabilised across the board, ultimately telling us that stock levels are much tighter and will continue to plummet (as mentioned in Peter's market report).

The Upper North Shore experienced the leading clearance rate of 75%, with the lowest being the South West coming in at 28.6% - still showing diversity and that two-speed market we keep referring to.

Our word at the moment: OPPORTUNITY. Don't wait around to catch the 'bottom of the market' because you won't know it's the bottom until it starts going up again.

For independent advice on your next property purchase, please contact our team today on 02 9960 1066 or enquiries@pkproperty.com.au.

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