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Sydney’s property price falls likely to be stemmed by keen buyers and few sellers – Domain News

Despite the pandemic-related recession, prices have defied expectations in recent weeks as keen buyers compete for the few homes for sale, and the falls could e…

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Home-buying hopefuls could be in for a rude shock, with strong buyer demand tipped to stabilise Sydneys property market and even spark modest price growth by the years end.
Home prices have defied expectations in recent weeks as finance-ready buyers who went quiet during the lockdown have since come out in force to either buy their first home, upgrade or sell out of Sydney for a tree change.
Sydneys preliminary clearance rate was 72.1 per cent on Saturday, even on a long weekend, and has held …

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