3 ASX shares benefitting from a booming property market

Despite all the concerns of a falling property market as a consequence of COVID-19, the Australian dream appears to be alive and well. Although the most obvious, residential property investors are not the only ones benefitting from the boom. Savvy investors holding shares in companies with exposure to the sector are also rubbing their hands together.

We take a look at three ASX shares that are benefitting from the rampant boom.

Browsing for your next humble abode?

The government’s utilisation of various monetary assistance programs throughout the past year has provided protection to the downside. Meanwhile, ongoing record low-interest rates have maintained a low bar for loan serviceability.

Consequently, as the Australian economy…