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In March, Melbourne’s real estate market remained in a holding pattern, with many buyers and sellers remaining focused on interest rates, hoping cuts predicted by leading economists will be implemented in the near future. However, a recent article in The Financial Review reports many experts are now forecasting that cuts may not be seen until late in 2024 or early

Throughout February, Melbourne’s real estate market exhibited outcomes that were favourable for both buyers and sellers alike. Following a traditional February trajectory, our capital saw a lift in monthly auctions. It also witnessed a rise in annual auction numbers, which are up by 29.9%. This is good news for buyers as increased options reflect boosted seller confidence while decreasing competition