The PROPERTY DOCTORS, Sydney Australia Novak Properties
NOVAK PROPERTIES CREW and PROPERTY LEGENDS in the industry share their experiences and knowledge. Hacks and tips to make you a smarter property GURU :) Learn with exclusive content, advice, insider info and HOT real estate industry PRO SECRETS. For sale, for lease, residential, commercial, buying off the plan, finance, mortgages, interest rates, first home buyer, investments - all topics covered. The untold real estate info you've been waiting for.
The PROPERTY DOCTORS, Sydney Australia Novak Properties
EP. 1711 - AUCTION CLEARANCE RATES AREN'T THE HOLY GRAIL...
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🏡 The property market isn't as bad as the headlines suggest.
The biggest challenge right now isn't supply—it's buyer confidence.
📊 Instead of focusing only on auction clearance rates, look at days on market, stock levels and buyer activity to get the full picture.
📉 While homes are taking longer to sell, we're not seeing the flood of listings many expected after recent reforms.
🏠Many investors, particularly retirees, are choosing to hold rather than sell, which is keeping stock levels tight.
đź’ˇ Properties are still selling, but buyers are taking longer to make decisions and sellers are being more cautious.
📞 Want to know what's really happening in your area? Talk to your local agent—the best insights come from people working in the market every day.
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