Is Now The Time To Put Your Home On The Market?

August/September continues to be one of the busiest periods in real estate, with realestateview.com.au seeing the greatest proportion of its yearly listings during the spring market. In an effort to time a sale perfectly, many vendors begin conversations with their agents well before this peak period of the market, making late August one of the busiest times of the year.

While there are strong arguments for selling your home during any season (i.e. a quieter winter can benefit many eager buyers who are ready to brave the elements, while autumn can see a rush of properties entering the market in time to sell before winter), spring remains the busiest period. There is no reason to expect this to be different in 2019, with certain market conditions indicating that now might be a strong time to put your home on the market.

In late May this year, the Australian Prudential Regulation Authority loosened home loan rules in an effort to incentivise both lenders and home buyers.

Data from the Australian Bureau of Statistics has revealed that the number of owner-occupied finance commitments decreased by 0.5 per cent in May this year, which was the twenty-first consecutive month of decreases and the lowest since August 2012. Investment housing commitments is shown to be at its lowest level since March 2009. Read More…