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Ray White Now – July

By Peter Gow

Nerida Conisbee, Chief Economist at Ray White Group, gives us an in-depth look at the property market 🏡

Key Topics of Discussion 💭🏠📈

1️⃣ Surging House Prices:

Surging House Prices: National house prices have been on a steady rise, with a substantial 3.5% increase since the beginning of the year. This upward trajectory indicates a favourable market environment, presenting an ideal opportunity to maximise the value of your property.

2️⃣ Market Recovery:

Market Recovery: Markets in Brisbane, Perth, Adelaide, and Darwin have experienced significant rebounds, surpassing their pre-pandemic peak pricing levels. If you reside in any of these cities, the current market conditions are in your favor, making it an advantageous time to list and sell your property.🚀💼

3️⃣ Sydney Premium Markets:

Sydney Premium Markets: Despite enduring substantial declines last year, premium markets in Sydney are now witnessing the most accelerated growth in terms of percentages. This resurgence showcases the market’s resilience, offering a promising landscape for sellers to capitalize on the rising demand and potentially secure favourable returns. 💼📈

4️⃣ Thriving Regional Markets:

Thriving Regional Markets: The regional markets of Sunshine Coast, Gold Coast, and Illawarra have emerged as thriving hotspots, experiencing notable price increases. If you’re considering selling a property outside major cities, these regions present excellent opportunities for securing a profitable return on your investment.🌴🌊💰

5️⃣ Increased Buyer Choices:

Increased Buyer Choices: Ray White Group has noticed a significant upturn in listing authorities, signifying a growing inventory of available properties for sale. As a seller, this trend translates into an expanded pool of potential buyers and an enhanced likelihood of finding the right buyer for your property.📊🔍🏡

Don’t miss out on the valuable insights and expert advice in the July edition of Ray White Now! 📰🔍 Read more here:

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