Buyers Hungry For Fresh Stock

Buyers Hungry For Fresh Stock

19 Feb 2014 By: Greg Hocking 0 Comment

The market is gathering pace with buyers out in force at open for inspections. The overwhelming feedback our agents are receiving is that buyers are very keen to see new listings.

 

The high level of demand this early in the year is an encouraging sign for sellers, many of whom have taken steps to get their sales campaign underway quickly. With auction numbers building each week, the first big ‘Super Saturday’ auction weekend for 2014 is set to take place in the week before the Labour Day long weekend.

 

The REIV anticipates 2,500 properties will go under the hammer this month which is a number we haven’t seen in February since 2010. Similarly, latest figures from Australian Property Monitors indicate auction volumes are up 33 per cent on this time last year.

 

If current levels of buyer demand hold, sellers can expect to see great auction results over the coming months. Make the most of the prevailing market confidence by calling us today for an obligation-free appraisal of your property’s potential value in the current market.

 

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Greg Hocking

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