Monday, 19th Aug

Clearance rates sky rocket to a 2 year high of 79.6% across the Sydney Property Market

These rates across the board are telling us that buyer activity is strong but stock levels are very low. The media is also starting to speaking positively about our market so it will only be a matter of time that sellers will regain confidence in the market and start to list their properties again.

Competition at the moment is definitely a lot stronger with minimal stock but if you can secure something now, you'll be ahead of the predicted growth of possibly up to 10% by Christmas 2020.

Due to the lack of confidence in the market and sellers not wanting to spend money on marketing, the amount of off market property is very high at the moment. To be exposed to these opportunities, please contact our team today on 02 9960 1066 or enquiries@pkproperty.com.au.

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