Now is the time to buy; prices are soon to go up. Unless you are selling, in which case now is the time to sell; there are plenty of buyers for your area now, but they won’t last.”
That is the real-estate industry view of the Canberra residential market between, say, 1913 and through to the indefinite future.
But what is really happening in the Canberra residential market now?
There are several influences. First, the rest of Australia coming out of recession is starting to have a significant impact. Second, a major fragmentation of the market. Third, in-fill.
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