In this edition, Nerida Conisbee, Chief Economist at Ray White Group, shares exciting insights about the real estate market! 🏡✨
🔑 Key Topics of Discussion:
If you’re thinking about selling, here are the top reasons why: 💭🏠📈
1️⃣ Rising House Prices:
Prices have surged by 3.5% since the beginning of the year! At current rates of growth, house prices will be back to their 2022 peaks within the next two months
2️⃣ Recovering Markets:
Brisbane, Perth, Adelaide, and Darwin have already regained their peak pricing levels.
3️⃣ Sydney Premium Markets:
Despite last year’s decline, premium markets in Sydney are bouncing back and showing the quickest acceleration in growth.
4️⃣ Regional Market Boom:
The Sunshine Coast, Gold Coast, and Illawarra are experiencing significant price increases.
5️⃣ Increased Market Activity:
Ray White Group has witnessed a positive turnaround in listing authorities (properties yet to be advertised). This means buyers will have more choices in late winter heading into spring. Take advantage of competitive buyer demand while it lasts! 📊🔍🏡
View the full report.