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Could the Aussie property market ‘overheat’ after borders open? – Yahoo Finance Australia

It could have the potential to put further pressure on already-high house prices and even overheat the market entirely, experts warn.

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What’s in store for Australia’s property prices when international borders re-open? Source: REUTERS/Will Burgess WB/MP
The reopening of Australias international borders could have the potential to put further pressure on already-high house prices and even overheat the market entirely, experts warn.
Recent Corelogic data shows Australian house prices jumped a huge 2.1 per cent in February in what was the largest month-on-month increase in 17 years.
The data showed that Sydneys median house price…

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