Low listings, weak auctions: what's really happening in the property market?
Despite tight housing supply, cautious sellers, weak auction clearance rates and lingering economic uncertainty are creating a rare opportunity for property investors prepared to negotiate.
Market uncertainty has contributed to a major dip in auction clearance rates and volumes. (Image source: Streamline Property Buyers)
Across many parts of Australia, particularly in Sydney and Melbourne, property sellers are choosing to hold off listing their properties altogether.
While housing supply remains tight and buyers continue searching for quality homes, many vendors are deciding that now may not be the ideal time to sell and therefore worsening housing supply shortages.
This has created an unusual market dynamic. Stock levels remain relatively low, particularly in …
