When should I buy? When should I sell?

The Brisbane inner city apartment market is somewhat strange at present.  Some points to note:

• I mentioned in a recent post that there were fewer apartments listed for sale than in recent times.  That is the case for resales of existing apartments.
• There is a large potential increase in the number of inner city apartments, due to a large number of high rise apartments being developed.
• With spring, more apartment owners are likely to list their apartments for sale.
• Rents are down, vacancy rates are up.
• Sydney and Melbourne are or have boomed.  Brisbane has not.  It is still behind its peak 5 years ago.
• Future capital growth is uncertain, but apartments are currently selling at good prices due to lack of stock available and low interest rates.
• My prediction is that in 3 months time, prices will decrease slightly.  So now may be a good time to sell, but an uncertain time to buy.