Listing volumes in Launceston have been continually increasing over the past 6 months from an all time low of 754 advertised listings in the broader area. Jumping by 33% since that time, stock volumes are a tell-tale sign of the general Vendor perception that the market is reaching or has reached its peak.
Those hoping to take advantage of the growth in prices in previous years are encouraged to not delay given that external pressures from interest rates and inflation are continuing to mount and with further schemes being announced as part of the final push to the federal election.
The age old real estate sentiment that ‘time is of the essence’ has never resonated with such power as it does right now. What side of the line are you going to fall on?