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