Low rates, limited supply hold Sydney, Melbourne auction clearances aloft
Sydney and Melbourne auction clearance rates held above 70% over the weekend, as the prospect of continued low interest rates spurred buyers to compete for scarce listings.
Markets rise and fall and in the natural order of things, property is still the number one place to park your money, particularly if you take a long term view.
As more buyers use online platforms and applications to search for places to live, it becomes easier to predict market trends and better understand buyer behaviour.