Young guns & established agents paving Realmark Coastal road to success
Sean Hughes, the Managing Director of Realmark Coastal, one of Australia’s top performing real estate offices, says gone are the days when only established, older agents could dominate the industry.
“The number of new houses that commenced construction in the December quarter was the second highest level on record,” stated Tim Reardon, HIA’s Chief Economist.
How do dwelling values compare with previous highs? - CoreLogic
Low mortgage rates, a swift economic recovery, which has spurred consumer sentiment, and low listing volumes have catapulted national housing values to new record highs. By Eliza Owen, Head of Research Australia at CoreLogic.
With the housing market weakening over the past few years, most capital cities have experienced dwelling value falls with a more significant correction experienced in Sydney, Melbourne, Perth and Darwin.
After years of a burgeoning property market, it’s easy to become deflated by falling house prices and reduced demand, a shift that has largely been lead by the banks introducing tighter lending criteria, coupled with cautious purchasers who suspect prices will fall further.
