Glass half emtpy

While many continue to see ‘the glass half empty’ in the housing market, we were pleased to see the obvious flip side, ‘the glass half full’ report in this mornings Herald confirmed that housing affordability is improving. While is doesn’t take an Einstein to work out that if interest rates are falling and values are softening, the buyer must benefit, somehow we just seem to camp ourselves in ‘the sky is falling’ territory. Affordability is improving, buyers are buying, we are short of homes to sell, and for the first time in several weeks, we are witnessing many competitive buying situations.