Will Quarter 1 of 2022 be the best time to sell in the next 12 Months?

With only 3 Saturdays until Christmas, to start a sales campaign in 2021 - You have missed the boat

Over the past year, house prices have grown at the third-fastest rate in Australia’s history. PropTrack economist Paul Ryan wrote in the Australian that the 22% rate of growth seen across our capital cities this year, was the third-fastest in history, next to the records achieved in the 1980s and 1950s.

Understanding past episodes of price growth give insight into how remarkable this period has been – and what might come next.

Large number of property listings, particularly in the eastern suburbs of Sydney as they come out of the most recent lockdowns, may put some downward pressure on prices.

APRA has implemented some tightening of credit conditions, but overall borrowing conditions remain favourable, and the RBA reaffirmed its expectations that interest rates would not rise for another two years, at least.

Our advice is to take advantage of the lack of stock which will hit the market in the first quarter of next year. If you have any questions regarding the sale process, your property, or the property market in general, please feel free to call me on the details provided.