We heard this question at the peak of the Covid boom, through the sharp downturn, and again now in a flatter, more cautious market. The honest answer has always been the same: it depends more on your situation than on the headlines.
Right now, the data says:
- Prices are well below their 2021 highs and have been relatively flat for the last couple of years.
- Interest rates have fallen from their peak but are unlikely to return to Covid-era lows.
- First home buyers are more active than ever, and investors are returning selectively.
From a broker’s chair, a “good time to buy” looks like this:
- You have a stable income and an emergency buffer.
- Your budget still works at higher test rates.
- You’re buying a property that suits your life for several years, not a quick flip.
- You understand the risks and the opportunities of the current market.
If that’s you, then today’s calmer, more balanced market can be a great time to move. If it’s not you yet, our job is to help you build a plan so that when your time comes, you’re ready – regardless of what the headlines say.
