Depending on which side of the fence you sit on, there are The Doomsayers & The Optimists.
The Doomsayer is telling you that the bubble has popped. The Optimist is saying there is no bubble and prices have still got a long way to go.
I inspect properties all over Sydney each and every week. I can tell you that from the front line, that days on market are certainly a little higher than say 3-9 months ago, but if the property is good, don’t be fooled by negative talk. There are plenty of buyers sniffing around and snapping up good property for good prices.
The best thing about longer days on market is that there is a bit of breathing space to complete Due Diligence.
A Buyers Agent can help buyers during these times by keeping things unemotional.