House prices remaining flat won't stop people buying...its just means the ratio of buyers are mo so home buyers rather than investors...its actually a great time for home buyers to get in with less competition from builders and developers..
When it comes to home occupation many don't care where prices are headed..having a place to call home, to entertain, to raise a family is what matters.
If there are an average of 700 properties up for auction in Melbourne per week minus 4 weeks...that equates to 33600 homes...not many buyers to find given the population...that's less than 1% of the population..
If the market was diabolical as many think it is, nobody would be attending auctions..
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- buyers out in force after rate cut
buyers out in force after rate cut, page-9
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