When is generally the slowest month for sales?
We were thinking about purchasing in October, but will wait til Dec/Jan if sales are more sluggish then.
thanks
RLRL
I think the answer depends on the area you're looking at.
I'm on the Gold Coast and for SE Qld generally, particularly the coastal cities it is the holiday season that generates the most RE activity. If you don't have contracts signed by say January you'll be waiting until around Easter before things pick up again.
This means that the market moves when people have more time on their hands to go looking and this usaully ties in with school holidays.
Food for thought?
Kerry
Most people think of listing in the warmer months so I agree with KJ. Things slow down before end of financial year and before an election or any big announcement eg hints of interest rate rises in the news. People hold back because they want to see if things will change.
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