Useful facts without opinions: Queensland home buyer activity
Just when you think we’ve already got all the possible ways to measure our real estate market REA, owners of realestate.com.au, have produced a Weekly Demand Index! As a proxy for general Queensland home buyer intentions it’s probably as good as anyone can report, given REA have a lion’s share of home buyer eyeballs in our state.
We’ll let the graph speak for itself. Note – this isn’t about bored ‘stay at homes’ trolling property porn as REA’s index measures the serious actions on their site: “The characteristics of serious buyer activity includes but is not limited to; the number of visits to a listing, looking at the photos for a listing multiple times, saving the property, sharing the property and/or making an enquiry with the agent.”