A message from the Real Estate community
May 4, 2020 Uncategorised
We’re on this property journey together
Things may be a little different at the moment, but we continue to persevere. The property market has a history of resilience. Families will continue to grow and need bigger homes. First home buyers will continue to search for their perfect first home. Investors will continue to look for steady returns. Downsizers will continue to look for properties that better meet their needs. Through this, the real estate community is with you.
Like all Australians, we’ve adapted to this new normal, and are still here to provide the services you need. You can still request an appraisal, bid at online auctions and book online and private inspections whilst respecting necessary social distancing.
If you are looking for a new property but aren’t sure if now is the right time, reach out to one of your local Hodges Agents for help. You’re not alone on your journey.
PROPERTY SEEKERS ARE REGAINING INTEREST
Enquiries on sale and rental properties are up +20% week-on-week.
PROPERTY PRICES HAVE REMAINED STABLE
House prices in Victoria are up by +2% compared to last quarter.
VENDOR CONFIDENCE IS BUILDING
Auction clearance rates have remained stable week-on-week,
in light of the introduction of online methods.