With auction results as strong as they have ever been, any potential seller thinking of coming to the market should be looking at these and using them as a barometer for the strength of the market. What are you waiting for? When looking at the reasons as to why we are seeing such strong results in our current marketplace, we need to look at what are those key contributing factors and what part they play when it comes to transacting real estate. Firstly, it’s important to understand the effect stock levels have on the market. With stock levels still being a topic of conversation and the recent increase, we are still not seeing enough new listings coming to the market to meet consumer demand. The second factor is the depth of the buyer pool. This plays a significant part in building competition across properties along with giving buyers the confidence to purchase.
