May 2016 - Evolution Realty - Real Estate Agent in Bicton - City of Melville
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May 2016 - Evolution Realty - Real Estate Agent in Bicton - City of Melville – Evolution Realty – Real Estate Agent in Bicton – City of Melville

MARKET UPDATE May 2016

May 9, 2016

I stated last month that the market remains tight (listing numbers and Sales volumes). In early May 2016, this is still unchanged. The recent 0.25% basis points reduction in official interest rates is also welcome news for potential Buyers as well as existing mortgage holders on variable rates. The market can do with any positive news right now that is available.An impending announcement of a...