There are several factors creating momentum in the market. Firstly, the long-term forecast of low-interest rates and affordability around the purchasing of property aligned to potential capital gain. Although we are listing more property than 12 months ago we are continuing to see market supply fall well behind the demand for stock in this space, particularly for those in the first home buyer segment and increasingly investors coming into the market.
Enticing Interest Rates at 30 Year Low
If you haven’t considered how you could make your money work for you in the current property market, due to other influential economic factors taking precedence over your financial outlook in 2020- investors are advised to take note of what are now, record low-interest rates. Having fluctuated over the past 30 years, current mortgage rates … Read more