PIC: THE AUSTRALIAN
So yes, the market noticeably improved this week. In fact, today was the first noticeable overall up lift or stabilisation since Cup Day 2021. Whilst we are nowhere near where we were on Cup Day 2021 in terms of price (5%-10% off), nor does one rosella make a spring – however it was a good week, relatively speaking… the ALBO PEP!
Currently the momentum is down or falling. A week of bullshit or spin commentary from almost every property expert who described the market as balanced. When you are on a chair having too many drinks and then you find yourself on the floor – you haven’t balanced, you have fallen.
Today’s snapshot: There is no doubt that the mainstream media is increasingly reporting the winds of change. Those winds actually began a full six months ago on Cup Day 2021.
So, whilst some are late to this news, marketnews readers have been operating with knowledge of this, for that full six months.