This introductory category dives deep into essential real estate concepts such as median house price, rental yield calculations, vendor discounting, days on the market, auction clearance rates, stock on the market, online search interest, and the proportion of rents.
These metrics are vital for understanding any area’s supply and demand dynamics, influencing investment decisions, property valuations, and market predictions.
Whether you’re a budding real estate enthusiast or a seasoned professional, grasping these principles is crucial for successfully navigating the complexities of the property market.