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 month in Ray White Now, we take a look at the factors that drive price growth (or downturn). Interest rates and inflation play a huge factor, but we examine some underlying elements that will affect different parts of the country at different times. We also look at the greenest … Read more
Our relevance stems from the reality that it’s folly to predict what buyers might do in the future. And so regardless of what commentators might believe will happen, our responsibility is to market property to find as many buyers as possible to create and maximise competition. We know from experience … Read more