REIQ: Queensland Real Estate Market Strengthens
Now could be the perfect time to consider selling your Broadbeach real estate, with the latest release from the Real Estate Institute of Queensland (REIQ) highlighting the increasing strength of the market over the December quarter.
This has continued into the new year, with market sales grew during the first month of 2014. REIQ Chairman Rob Honeycombe said the market for residential property in the Gold Coast has grown, as the rental market begins to slow down in the region.
"Over the past few years, it has been the rental sector which has been the better-performing segment of the market," said Mr Honeycombe in a January 31 statement.
"Now while the sales market returns to healthy levels of activity after a period of subdued volumes, the rental market is experiencing a slight easing of vacancy rates after a long period of tight rental conditions."
If you're considering selling your property in the area, now could be the perfect time to secure a great return on your real estate as the market continues to climb for residential sales. Get in early with you houses for sale in Broadbeach before these conditions change.