What's working in this market?

What first-time buyers are doing WRONG right now:

1. Waiting for prices to drop “a lot”
Prices aren’t crashing... they’re adjusting. Good properties are still selling.

2. Chasing perfect listings
Turnkey + underpriced + perfect location = competition.
You either compete… or you compromise strategically.

3. Ignoring older buildings completely
Some of the best deals right now are well-maintained older strata. Larger layouts.  Motivated sellers

What’s actually working:

✔ Target listings sitting 10–20 days
✔ Offer below asking when justified
✔ Keep subjects (especially inspection + financing)
✔ Be flexible on location to gain space/value

Bottom line:
Your first home in this market probably won’t be your dream home but it can be a smart financial step that gets you in.