The market improvement continues to gather momentum with increased traffic through our open houses and a marked increase in investor enquiry. Investors it seems have made the decision that the market has reached its nadir and will not fall further. Multiple offers on keenly priced property are now more common. During my 30 years as an agent in Deception Bay I have always believed that improved market activity is largely investor driven. A further fall in interest rates could well add to this momentum. How this extra activity converts to market prices will be played out in the coming months.
Until next time…..