Auction Results Sydney 10 October 2020
Auction Results Sydney
Comment: Auction Results Sydney
Property price have already slowed from the start of COVID, dropping just 0.3 per cent in September, the smallest drop since March, according to CoreLogic. 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.
Strong demand has not only put a floor under prices, but has sparked astounding results defying the pandemic-related recession.
BIS Oxford Economics executive chairman Robert Mellor said price declines would be less than first predicted and the investor market would be hit hardest. He said first-home buyers should not wait for price declines of 10 to 15 per cent as they were unlikely to eventuate.
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Disclaimer: Not all Properties were bought or sold by TBAS® Buyers Agents. The Auction Results Sydney are compiled for research purposes to assist our valued clients in making educated decisions when purchasing property