A market on the rise sits at about 9 o’clock on the property clock. Look at the property market just in your local area right now. Is there flurry of sales activity, new constructions commencing or increased consumer confidence in the economy?
These are all signs of a rising market heading towards the next BOOM!!
And, if you find these signs in your local area, you can bet your last dollar that other markets across Australia are feeling it too!
This is definitely the most opportune time to buy as stock is coming back on to the market as confidence increases and prices are still relatively stable as the market continues to heat up.
My advice to you is this: in a rising market, don’t delay your purchase as strong growth is just around the corner!
Do you think that Brisbane, Sydney and Perth might be in this space on the property clock?