EP. 1711 - AUCTION CLEARANCE RATES AREN'T THE HOLY GRAIL...
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🏡 The property market isn't as bad as the headlines suggest.
The biggest challenge right now isn't supply—it's buyer confidence.
📊 Instead of focusing only on auction clearance rates, look at days on market, stock levels and buyer activity to get the full picture.
📉 While homes are taking longer to sell, we're not seeing the flood of listings many expected after recent reforms.
🏠 Many investors, particularly retirees, are choosing to hold rather than sell, which is keeping stock levels tight.
💡 Properties are still selling, but buyers are taking longer to make decisions and sellers are being more cautious.
📞 Want to know what's really happening in your area? Talk to your local agent—the best insights come from people working in the market every day.
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