Monday, 27th May

Highest surge in clearance rates since January proving the start of a sentiment shift across our property market.

We saw a surge in clearance rates and listing numbers over the weekend following the Election and distractions over the last couple of months.

The Lower North Shore continues to experience good activity at auction with an outstanding clearance rate of 90.5%, with the Inner West coming in behind at 83.9%.

With Labor's changes now no longer in question following a Coalition victory, faith and confidence in our property market will be restored from buyer and sellers alike.

Our Director, Peter Kelaher picked the bottom of the market 4 weeks ago and we are now seeing a sentiment shift across the board. It's a great time to buy now, what are you waiting for?

**Source: Dr Andrew Wilson, Chief Economist at My Housing Market

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