Property Investment Terminology
- Upturn – A time savvy investors recognise and look to buy property.
- Boom – When there are many buyers in the market all wanting to buy due to prime conditions which then bump price movements up.
- Downturn – Can be caused by a glut of properties on the market or a hike in interest rates. Activity slows down and prices start falling.
- Oversupply – When there are too many properties on the market and not enough demand for them. This often happens when interest rates go up.
- Stabilisation – When the market starts correcting itself between the downturn and the beginning of the next boom.
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