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Patient buyers visiting more home opens

In an Australian first, the number of property inspections taking place has been tracked, and the data reveals the volume of traffic visiting home opens is soaring this year.

Couple with real estate agent visiting house for sale
A new index represents the first time Australian market participants have been able to track trends in the number of weekly attendees at property inspections as an early indicator of future sales activity.

Less hurried, some might say fussy, property buyers are attending more home opens to inspect homes for sale than they did last year.

The recently released Australian Inspections Index has for the first time ever in Australia tracked trends in the number of weekly attendees at property inspections as an early indicator of future sales activity.

The data reveals buyer inspections are soaring even as the market slows.

The index rolling four-week …