Aug 25, 2026 · 14 min · 9 segments
- How can you “time the bottom of the market” and why is it important that you do? Steve Lowe, Director at Agent Team Canberra explains - What deck & pergola designs are trending for this coming…
Xavier DuffyGuestAnna NilagamaGuestWell, Cam, we're asking the question this morning, how do you time the bottom of the market? What does that actually mean and why are we talking about it? Should we be talking about it? Well, Steve Lowe is the Director and Agent Team Canberra to tell us more about it.
Steve, good morning.
Now, look, when you say time the bottom of the market, what does that actually mean?
So timing the bottom of the market is a lot of buyers trying to just wait to buy until the prices, the property prices hit the very, very bottom of the market.
But we are currently going through Canberra's second sharpest decline in prices post-COVID.
Okay.
And so how do you kind of manage that and work all that out?
Well, Our open homes, there's not a huge amount of buyers coming through the open homes.
And as the market starts to turn and come back up, you'll start to see a lot more participation at auctions, a lot more people coming through the open homes.
If you're seeing all those signs, it means that you've probably missed the bottom of the market because the market's on the rise again.
Okay.
And so as you make all these judgment decisions, what are some of the things that you should avoid doing when you're thinking about this?
Like the thing with property has, we are pretty much all aware, it's not timing the market.
So you've got to sort of hold this property in to get the value out of it over its long, like over a 5, 7, 10-year period.
You can't really expect to buy it now and then turn it around in 12 months and sell it for a huge profit after all the fees and stuff.
So I think just getting in and getting it done is a really good opportunity to buy right now.
Yep, absolutely.
And what should people avoid doing in this space?
Well, Cam, we're asking the question this morning, how do you time the bottom of the market? What does that actually mean and why are we talking about it? Should we be talking about it? Well, Steve Lowe is the Director and Agent Team Canberra to tell us more about it.
Steve, good morning.
Now, look, when you say time the bottom of the market, what does that actually mean?
So timing the bottom of the market is a lot of buyers trying to just wait to buy until the prices, the property prices hit the very, very bottom of the market.
But we are currently going through Canberra's second sharpest decline in prices post-COVID.
Okay.
And so how do you kind of manage that and work all that out?
Well, Our open homes, there's not a huge amount of buyers coming through the open homes.
And as the market starts to turn and come back up, you'll start to see a lot more participation at auctions, a lot more people coming through the open homes.
If you're seeing all those signs, it means that you've probably missed the bottom of the market because the market's on the rise again.
Okay.
And so as you make all these judgment decisions, what are some of the things that you should avoid doing when you're thinking about this?
Like the thing with property has, we are pretty much all aware, it's not timing the market.
So you've got to sort of hold this property in to get the value out of it over its long, like over a 5, 7, 10-year period.
You can't really expect to buy it now and then turn it around in 12 months and sell it for a huge profit after all the fees and stuff.
So I think just getting in and getting it done is a really good opportunity to buy right now.
Yep, absolutely.
And what should people avoid doing in this space?
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