It is an interesting time in the market at the moment
With the upcoming federal election, talk of inflation and interest rate rises is sure to be the topic of discussion around the BBQs and kitchen tables of Perth. Offset this with record low unemployment rates, great affordability in our core areas, and the mask mandates being relaxed means we might be in for an even market amongst buyers and sellers.
Right now, the number of houses for sale in the City of Kalamunda Foothills is about 88 and if listing numbers remain steady at this number, we should either plateau with our pricing or continue to see gains but not at the levels in the past 12 – 24 months.
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