Comparison is the thief of joy

With all of this noise, it's easy to miss the opportunities the current market presents.

Let's be clear: the market has changed. It's not as strong as it was last year. However, when you compare an adjusting market to a boom market, it will naturally feel weaker than it actually is.

In June, we sold more than 70 per cent of our scheduled auctions, achieving an average of 2.6 registered bidders and maintaining an average of 31 days on market.

Of the 755 scheduled auctions:

- 22 per cent sold prior to auction day.

- 55 per cent of properties that went to auction sold under the hammer.

- 80 per cent of auctions saw competitive bidding, with an average of 1.7 active bidders.

The question is: if we looked at this data in isolation, without comparing it to the extraordinary boom between 2020 and 2025, what would your perception of the market be?