Three things we're keeping an eye on in 2023
With 2023 in full swing, Jacob and Greg thought they would share three things they'll be keeping a close eye on this year 👀🏡
Here are the three (3) things we're interested in this coming 2023:
1) Auction Clearance Rates
We've started to see auction clearance rates actually increase towards the end of December, 200 so it will be interesting to see if such increase continues to drive towards coming into 2023.
2) Economic Environment
We're also excited to see what happens in the economic environment because 2022 was a very different year than what we had expected so it's significant to see what happens this year.
3) Stock Levels and Vacancy Rates
The last thing that we're excited to see is watching the stock levels and vacancy rates in the Toowoomba property market because we've come off historically low values for those two statistics, and we'll be really interested to see these number moving forward in 2023 and beyond.