MARKET INSIGHTS Tis the season to be selling... As your leading local real estate specalist, I am pleased
Our
job
has
always
been
the
same.
To
create
to report the 2023 selling season saw our local market
competition for our sellers - and we can do that in any
reach new heights, with price upswing predicted to
market. The process remains the same to market our
continue into the new year.
properties as far and widely as possible for our sellers.
National home prices reclaimed 2022’s price falls in their
We hope you find the following information helpful, & as
entirety in October, as national home prices climbed
the year draws to a close I'd like to sincerely thank-you
0.36% month-on-month to set another record, bringing
for your ongoing support. The privilege of representing
them up 4.93% so far this year.
someone in the sale of their home & the relationships we get to build along the way is never lost on us & it's why
Buyer and seller confidence is buoyant. Although the
we love what we do.
flow of new listings hitting the market has risen, the demand for housing has remained strong and home
From our family to yours we wish you a very Merry
prices continued to move higher with the upturn firmly
Christmas & hope you get to enjoy some quality time
entrenched.
with those you love over the festive season.
Looking ahead, although interest rates may rise further, they remain close to if not at their peak. Together with a shortage of new home builds and continued challenging conditions in the rental market, prices are expected to continue
to
rise
despite
affordability
remaining
stretched.
Dion Zorko SALES & PROPERTY SPECIALIST 0416 516 652
dion.zorko@raywhite.com
www.raywhitetugunelanora.com.au