If you’re in the property market, whether buying or selling, you may have noticed things are a little slow at the moment!
Domain’s Monthly Market Insights report is out, and it certainly explains a few things for those who may be wondering what’s going on in the Canberra market.
Auction clearance rates are at their lowest since 2019, new supply has fallen to its lowest level this year and days on market increased for both houses and units.
What’s contributing to this slowdown in Canberra’s property market? And where do we sit compared to other states and territories?
Cam and Renee from the MIX106.3 Real Estate Show got the lowdown from Domain spokesperson Sarah Macartney.
Get all the details here:
