00:00We had a small correction after COVID, I guess, where there was a mass exodus from the cities
00:06and people wanted to move out a little bit and were prepared to travel to do so.
00:12And then our markets were flatlined a little bit. Since then, we've seen the reintroduction
00:18of those investors into our market. I mean, our days on market are as low as they've been
00:23in three years. And that increased pressure has put prices, you know, has increased prices.
00:32I think over the last four years, according to prop track data that we look at, we've seen
00:38around about $100,000 median price growth just in the Launceston market alone.
00:44We don't see anything changing in our marketplace at the moment. That sustained growth trajectory
00:51looks good. And certainly the Economist reports, the buyers agents we're dealing with, the people
00:58that do the research are suggesting that we should see that sustained growth for at least
01:03the next, you know, 12 to 18 months. Now, I don't have a crystal ball, but I think the message
01:10is clear. If you're looking to buy, buy now.
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