Business
Sellers’ market as Australian property prices rise and buyers line up – NEWS.com.au
Sellers’ market as Australian property prices rise and buyers line up
Supply is down and demand is up in Australias housing market, with properties selling for tens of thousands of dollars above the asking price as buyers battle it out to secure a property.“It’s definitely a sellers’ market,” Real Estate Australia chief economist Nerida Conisbee told news.com.au.
Record-low interest rates as well as our changing savings habits on the back of the COVID-19 pandemic is driving the boom.
“We’ve had record savings rates during COVID which has given people a lot more money…
-
General24 hours agoBathurst 1000 quick hits: Chaz Mostert drinks beer with fans, Erebus owner protests, and drama on Mount Panorama
-
Noosa News22 hours agoFatal Traffic Crash, South Bingera
-
Noosa News18 hours agoTrucking company penalised for refusing to pay unfairly sacked worker
-
Noosa News14 hours agoFarmgate Backpackers leads with integrity amid industry challenges