{"id":19030,"date":"2019-05-25T13:51:30","date_gmt":"2019-05-25T01:51:30","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=19030"},"modified":"2019-05-25T13:51:30","modified_gmt":"2019-05-25T01:51:30","slug":"fresh-warning-for-home-sellers-to-adjust-their-price-expectations","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/fresh-warning-for-home-sellers-to-adjust-their-price-expectations\/","title":{"rendered":"Fresh warning for home-sellers to \u2018adjust their price expectations\u2019"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0Australian homes. Image: Getty<\/strong><\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"22\">Australians looking to sell their homes can expect to wait twice as long as they would have if they had sold at this time last year as the property market continues bottoming out.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"23\">In the three months to April 2019, the median time on market was 60 days, the latest figures from property research group, CoreLogic have revealed.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"24\">\u201d[But] the typical selling time has risen significantly over recent months and is up from 35 days at the same time a year ago,\u201d CoreLogic research analyst Cameron Kusher explained.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"29\">\u201cThe rapid rise in time on market is symptom of higher supply (advertised stock levels across the combined capitals are at their highest level for this time of the year since 2012) and less demand.\u201d<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"30\">He said extended time on the market is a clear indicator of a weaker market, and noted that the longer time to sell is a trend occurring most of Australia.<\/p>\n<p data-reactid=\"30\">READ MORE VIA <a href=\"https:\/\/au.finance.yahoo.com\/news\/fresh-warning-for-homesellers-to-adjust-their-price-expectations-021033371.html\">YAHOO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0Australian homes. Image: Getty Australians looking to sell their<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/fresh-warning-for-home-sellers-to-adjust-their-price-expectations\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":19031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478102525,478098892,478103828,478098634,478098519,478098535,478098537,478098556,478105320,478098513,478101743,478099125,478098873,478101853,478098579,478098510,478098514,478098511,478098705,478098533,478098509,478098536,478098618,478098677],"class_list":["entry","author-data123nz","post-19030","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-cameron-kusher","tag-corelogic","tag-corelogic-research","tag-for-sale","tag-home-ownership","tag-house-prices","tag-melbourne","tag-nsw","tag-price-expectations","tag-property","tag-property-correction","tag-property-crash","tag-property-investment","tag-property-listings","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-sydney","tag-sydney-property","tag-victoria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fresh warning for home-sellers to \u2018adjust their price expectations\u2019 - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/fresh-warning-for-home-sellers-to-adjust-their-price-expectations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fresh warning for home-sellers to \u2018adjust their price expectations\u2019 - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"&nbsp; PHOTO:\u00a0Australian homes. 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