The effect of Christmas

[simbi99]

How big is the effect of Christmas on the property market, in terms of new houses put up on to the market etc?

Having noticed a rapid decline in the amount of properties put up for sale in recent weeks, i just wanted to put it to other investors and ask if they seem to being experience the same?

 

[beachgurl]

It was discussed in another thread that buyers expect a bargain prior to Christmas. Less people are looking and in my area a lot of stock came on the market 2 or 3 weeks ago. The less attractive properties haven't sold due to the increase in supply.

In terms of rentals, arrears are up as usual. It's more important to buy each if your kids an iPad and buying half the stock in liquor land than to pay the rent.