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New listings to the market have been increasing over the last two weeks suggesting that vendors are becoming confident enough to test market conditions. 11,560 new properties were advertised for sale last week which is still below the 12 month average but trending upwards. The rise in new listings comes as no surprise with the spring selling season underway and falling interest rates sparking confidence in market conditions.
Evidence of buyers returning to the market is not yet apparent, and total stock being advertised for sale has been mounting since late July. It is likely that buyers will start to flow back into the market as confidence returns on the back of interest rate cuts and the proven stability of residential property over shares. |
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防贼记 (2013-11-20) ayeeda 
发表于 2008-10-31 13:47
