Atlas Market Insights

What is your advice to buyers and sellers? Simply put, it’s a seller’s market at the moment. What we are seeing in terms of pricing and time on market is incredible across the board. Auction activity is high and clearance rates average above 75% every week across the city. Buyers also appear to be willing to pay premiums to secure properties, which works well in sellers’ favour. For buyers, conditions are more challenging, primarily because listings aren’t matching buyer demand. More positively, interest rates are low and it is easier to get a home loan. 10