Our campaign made ABC prime time radio at 7.22am this morning. In good humour Red Symons begins the interview with “I’m completely and utterly against whatever you are standing for!”. Listen to our campaigner David Collyer explain why now is not the time to be buying property. (running time 5.53).
In case you need more convincing that now is not the time to buy, auction supply levels were up 46% in February (year on year) according to SQM Research (subscribe to their e-news then click on E-news Archives and Stock up for February.
However, property sales volumes were at their lowest levels in a decade in 2010 according to RP Data.
The big question is, where has this mystery supply of properties appeared from?