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Supply & demand in the property market

Supply & demand in the property market

Supply and demand is a fundamental principle of economics that plays a crucial role in the property market. Essentially, supply and demand refer to the balance between the quantity of a particular good or service that is available and the desire of consumers to purchase that good or service.

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Property prices

Property prices

When trying to understand how the property market is performing at any one time, there are a multitude of different elements we look at with the market and overall economy to get a feel of where we are at. And also, where it is that we are going.

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