September 2024 Market Update

In July 2024, property investors committed $11.71 billion to home loans, marking the second-highest month on record—a strong indicator of rising investor activity despite previous rate rises. Meanwhile, new builds across Australia are at decade-low levels, with demand for housing continuing to outpace the supply of new homes. According to SQM Research, total property listings increased by 7.9% in August compared to the previous month, and by 11.1% year-on-year. While this rise in listings is promising for buyers and investors, the scarcity of newly constructed homes puts sellers in a prime position to benefit from the current market conditions. As the Sydney housing market continues its upward trend, sellers in the Macarthur and Wollondilly regions are in a prime position to capitalise on current market conditions. With many buyers eagerly awaiting their perfect home or investment, this could be the ideal time to list your property. At United Realty we’re here to guide you through your next move. Call us today on 1800 4UNITED.