Should there be an autumn selling season?

Every year the residential market gears up for the Spring Selling Season, this week we take a look at whether or not spring is worth the hype.

Every year we hear all the hype and excitement around the ‘Spring Selling Season’ as September comes closer however, the cold hard facts are that the spring season doesn’t see the greatest level of sales activity although it does record the greatest number of listings.

An analysis taken across sales volumes between January 2000 and December 2009 has found that on a national basis, it is actually March that is the busiest month for house and unit sales. On average over the last 10 years March has accounted for about 9.3% of all dwelling transactions on a national basis. The results have shown that despite the fact that March is the busiest month for sales there is little fluctuation in sales activity except within December and January when sales volumes fall away markedly. Clearly once everything starts to settle down after the Christmas / new year period, attention turns back to the property market resulting in strong sales volumes during March

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