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Listings surge points to strong late Christmas, early New Year market – The Australian Financial Review

The waves of a pandemic-hit 2020 will roll through into the residential market in 2021 – aided by Tuesday’s extra push from the Reserve Bank.

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“It is likely it will open up earlier. Its likely most of the community will stay where they are for Christmas and the January holidays. No ones going overseas yet thats for sure.”
Last week CoreLogic’s auction clearance rate rose to its highest level since March. SQM’s own more conservative figures also reflect a rising trend.
CoreLogic figures on Monday recorded the first national increase in dwelling values in five months. Melbourne, where home prices fell in October, is likely to return to growth…

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