Investment News – Property developers are out of stock
Well, it appears that we’ve reached the tipping point in the property market.
Developers out of stock
A number of our developers are now completely out of stock. This is not an isolated case; many of our developers are at critically low levels or have simply run out. The means that everything they sell will need to be built and in most cases they will only build once they have an exchange in place. It further reinforces my theory that we’ve “turned the corner” in terms of property prices at the middle and lower end of the market.