One of the lessons learned about the property market through COVID-19 is that listings numbers have been extremely responsive to changes in social distancing policies.
Despite an extended lockdown, Melbourne is no exception. Since on-site, private inspections resumed on 28 September, new listings volumes have soared. The result is likely due to months of pent-up decisions to sell from property owners, and reflects how the real estate transaction process has remained tied to physical inspections.
Read this weeks Ray White NOW document – Ray White Now Vol. 24 – digital
This is our best February result recorded, driven largely by a record result in New South Wales and very strong performances across all markets. In Australia alone, we recorded $3.35 billion in total sales, up 42 per cent on the prior February. Real full article: Ray White Now – March Edition
The year 2021 has kicked off with continuing gusto – record-breaking buyer metrics, such as loan pre-approvals, open for inspection numbers, registered auction bidders, online enquiries and so on. These metrics continue to give us confidence the current extraordinary momentum will endure well into 2021, especially as our central bank … Read more