There are more properties on the market now than at any time since 2012 — and no-one's buying.
Key points:
The property market is flooded with houses — but no-one wants to buy them
- More properties listed nationally than at anytime since 2012
- Properties in most capital city spending significantly more time on the market
- Vendors offering price reductions to encourage buyers
- Not yet at the bottom of the market, according to Corelogic data
http://www.abc.net.au/news/2019-02-25/most-properties-on-market-since-2012-but-where-are-the-buyers/10838172
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There are more properties on the market now than at any time...
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