Thursday, September 10, 2009

the market is about to get busy; volumes of sales and buyers set to increase.

With the first weeks of Spring behind us, we’re yet to see the traditional flood of properties hitting the market. Good news for sellers with less competing properties for a little while longer! According to RP Data’s Tim Lawless, the market is about to get busy. The analyst’s Market Activity Index is showing that a strong ramp up in Adelaide’s property market is expected through to the end of the year, with volumes of sales and buyers set to increase. The first 6 months of ’09 saw Adelaide transactions increase by around 8%, below the national level of 15% due to a slight ‘hangover’ from the mini boom in ’07. On the frontline it’s looking positive and appears we may not experience a ‘whitewash’ of the market as in Spring ’08. Sellers – there’s still time to make the most of this market, so get to it!


Anthony Toop, Managing Director.


www.toop.com.au


© Toop Real Estate Group

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