Market conditions are stable despite high interest rates

It may be challenging however the buyer's market is still lucrative. High expected prices have made it difficult for sellers but despite these concerns, the market is stable and conditions are favourable.

Circumstances of the buyers are vital amidst the high inflation rise, as the property price growth remains marginal. The market is still offering affordable and reasonable opportunities.

Sellers have the option as to either proceed with accepting current expected market prices, or wait until a later stage for the possibility of higher offers should the market improve.

In many cases, sellers are opting to rent out their properties whilst awaiting better market conditions, which are favourable to both parties concerned.