03/06/2026
Property market updates.
The property market has moved into a more cautious phase, and seasoned agents can feel the shift well before the data catches up. Open homes are still active. Buyers are still inspecting. Vendors are still asking, “What’s my property worth?” But the energy is different. Buyers are more selective, finance conditions are tighter, and vendors who entered the year expecting last year’s momentum are now having to recalibrate.
This does not mean the market is broken. It means the market is normalising — becoming more balanced, and in some pockets, more challenging. This is exactly the environment where a good agent earns their fee.
When the market is hot, almost anyone can list and sell. When the market shifts, skill matters. Strategy matters. Negotiation matters. And the ability to stay calm, read the conditions, and guide clients with clarity becomes the difference between an average result and an exceptional one.
Dr Glenn Ng