Ewan’s Hot Take: Interpretation of the market

Ewan discusses the current state of the housing market in Australia and offers advice to both buyers and vendors. Ewan notes that interest rates may potentially increase in November, and with an increase in stock levels, buyers may want to take action soon. Ewan also met with the rental commissioner, who is working to improve the rental process for both tenants and landlords. Ewan believes that it is important for both parties to work together to increase housing. Ewan advises vendors to be cautious and listen to their agent, while also advising buyers to act quickly if they find a property they like. Despite potential pressure on prices, sales volumes remain solid.