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.