House Prices and Buyer Activity Increasing Nationally
Now may be a good time to list real estate in Surfers Paradise for sale, as both house prices and buyer activity has increased across the country.
Information from Australian Property Monitors (APM) has shown that across the country median house prices have risen by 2.8 per cent in the June 2013 quarter.
APM senior economist Andrew Wilson has stated that this may be due to increased buyer activity, which has resulted from the low interest rates as well as an improving level of confidence.
"Buyer activity in most capital city housing markets is now charging towards record levels with the fastest prices growth since the government-stimulated house price boom of 2009 and 2010," he said in the report.
A positive rate of buyer activity in the market can lead to increased competition in the property market, which is a good sign for sellers of Main Beach real estate.
Furthermore, Dr Wilson said that buyer activity is set to accelerate over the remainder of 2013, with this winter being "one of the hottest on record" for the property market.
This provides more incentive for owners to list their properties for sale in the upcoming quarter.