Insider talk?

I am curious to know what insider talk is taking place at Real estate agents and Buyers agents, regarding the slowness in the Sydney market and the long periods to offload property.

Any thoughts?

 

Same opinion as @Rolf Latham

Keep in mind it is winter, the market slows anyway

Just got to hang on for another 10 weeks until the market picks up again (with better weather and consumer confidence)

 

Slow? You haven't seen slow yet.

 

Slow? huh
Not where we are buying. Prices still rising (albeit at a slower pace than before), buyer demand still exceeding supply, but at least starting to be possible to buy prior to auction on occasion.

 

Hurry or you'll miss out on the bargain of the century, only one left in the suburbs. Lol!

 

Interesting to see your views. My perception was things were slowing in terms of stocks moving and there are more sales in some regions probably to cash in before further slowing.

What's a good source to compare listing numbers year on year, and time on market?

 

Sales people are always going to tell you this, it's the second rule of fight club.

 

It's slower than it was but still far from "slow". Rates are still at all time lows or there abouts, people who are realistic are still selling in a reasonable time frame.

It's like when people complain about how bad the economy is... we've had 25 years of growth, there is a generation of people who don't know what hard times even are.

 

Ummm not sure where you mean exactly in Sydney? At least not in the suburbs we work in.... certainly a bit of a small cool down in some price and area segments but overall it's still a pretty healthy market out there

 

LOL there is a house across the road from my PPOR just sold for 1.6 million straight after first open home. No slow in Sydney at all.

Even Mt Druitt selling like hotcakes.