After a record-breaking October, November has started with a noticeable slowdown in activity across Sydney’s property market. In his latest Hot Take, Ewan Morton examines what’s driving this shift and what vendors should keep in mind. Early November has seen fewer buyer enquiries and reduced inspection numbers compared to previous months, which is unusual given the strong finish we experienced in October. However, historical patterns suggest that buyer interest often builds as the month progresses, leading to a stronger close.
For vendors, the key takeaway is to remain proactive and realistic. With overall buyer numbers trending lower, every serious enquiry matters. Ewan’s advice is clear: if a property is attracting genuine interest and making all the right signals, work closely with your agent to secure a deal rather than waiting for a surge that may not come. Understanding buyer behaviour and adapting your strategy is essential in a market that’s showing signs of change.
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