“I’ve never seen it like this in 20 years of business… It’s so bad.” Peter Kelaher from PK Property Group
It’s tougher to buy a house in Sydney now than a year ago.
New data shows there’s a third fewer properties for sale in some areas. Buyers house hunting in the northern beaches have it the toughest with listings down 30.8 per cent over the year to June, according to Domain Group data. There were also 15.4 per cent fewer apartments for sale.
There was also a sharp decline in homes for sale in the lower north, north west and upper north shore of 21.6 per cent, 18.4 per cent and 18.2 per cent respectively.
In summary, if your buying make sure you have your financed approved so you can move quickly. If your selling, it’s now time to put your property on the market.
Read full article here: Domain Property