It has been a busy time in the Adelaide Real Estate market in the last month, with more people attending opens with offers on properties and many sales for good prices being achieved.
For Sale, by tender, offers closing is the preferred method of sale in most circumstances with the auction market flat and not doing justice to some of the beautiful homes who have chosen this sale option.
The latest available Real Estate figures show clearance rates for auctions last weekend in Adelaide was 48%.
House approvals for October fell sharply to be 7.6% down when pundits had expected only a slight drop of 1.6%. A reflection, I think, of consumer confidence which is still pretty low out there… not helped when you see an Australia icon like Rosella tomato sauce go into administration. Great today to see the Reserve Bank has lowered interest rates which should stimulate the retail market leading into Christmas.
Enjoy the frenetic race into Christmas with all the fun and catchups involved, but most importantly leave lots of energy and time for the most important part of your life, your family and friends.
