Auction Results Sydney 20 March 2021
Auction Results Sydney
Comment: Auction Results Sydney
It has been well documented Real Estate prices have risen substantially in the past four months and supply levels have been very tight. However, what we’re starting to see in recent weeks is an increase in the level of new listings coming to market.
It’s unlikely the upward price trajectory will reverse in the short term. Low rates are going to be here for a while yet,” says AMP Capital chief economist Shane Oliver. “The RBA is supporting the three-year [cash rate] target of 0.1 per cent.
Although, that doesn’t rule out the possibility of APRA stepping in should runaway prices fuel risky credit growth. Should conditions deteriorate, regulators could limit debt-to-income ratios, but buyer’s waiting on the sideline for a correction will be priced out of the market…
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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