Despite lockdowns and the pandemic, we’re still in a seller’s market – prices are rising, competition for properties remains strong and finance is very cheap. When will conditions swing to the buyer’s favour? In this month’s edition of Ray White Now, we take a look at why there’s a growing sense of urgency for sellers, before Australia’s rapid price growth comes to an end.
COVID-19 has turned this on its head and we have been seeing a suburban renaissance, driven by people searching for more space and freed up from being close to CBDs. Will this continue in a post-pandemic world?
For the latest market insights, download Ray White Now – October Edition from our Chief Economist Nerida Conisbee.
Ray White is set to become a dominant force on the Northern Beaches with the addition of leading agent Julian Rowe (pictured above) to the Ray White Northern Beaches office. The move is a homecoming for Mr Rowe who has more than two decades of experience in the real estate industry, beginning … Read more
Property prices continue to rise nationwide, with significant growth in both metropolitan and regional areas. Western Australia stands out, surpassing national averages. Perth has become Australia’s fifth most expensive housing market, overtaking Adelaide with a median house price of $821,093, reflecting a 3.6 per cent monthly increase and a remarkable … Read more