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Is It The Right Time To Buy? - by Barbara Thorp

As most of you know, the property market – like any market that operates on supply and demand – moves in cycles. History tells us that this cycle usually (but not always) runs for about seven years.

Plus, during a boom developers get busy building so it is Half that time is marked by a period of slowdown and stabilisation, as boom-time prices give many investors and homebuyer’s cold feet. not uncommon to be left with an oversupply of real estate for sale, which can take some time to shift. It is during this stage of the cycle that a lot of people think of rental properties instead of buying.

This strong demand for rentals takes us into the second part of the cycle, when improving yields can draw investors back and the market picks up.

So currently at what stage of the property cycle are we...

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