Planning to sell? The hidden costs that can eat into your profits
Even with tough market conditions, the spring months often remain the busiest time for buying and selling, with many homeowners making the leap and listing their home. click to view:
Home values have remained resilient to higher interest rates this year, and this continued in November with prices continuing to lift and hitting fresh record highs in many markets, although the pace of growth has slowed due to the increase in properties coming to market.
Earlier this year national home prices reclaimed 2022’s price falls in their entirety, with the upswing continuing in November as national home prices climbed 0.22% month-on-month to set another fresh record, bringing them up 5.53% so far this year and 1.29% above their previous peak recorded in March 2022.
Even with tough market conditions, the spring months often remain the busiest time for buying and selling, with many homeowners making the leap and listing their home. click to view:
For much of the past year, Australia’s more affordable properties have been outperforming the expensive end of the market. Click to view: