Auction Results Sydney 3 October 2020
Auction Results Sydney
Comment: Auction Results Sydney
The median home price in Sydney has now been falling for five consecutive months, with the total drop since May at 2.9 per cent. The median remains 10.6 per cent higher than it was a year ago according to CoreLogic.
Listing numbers in September were 22 per cent lower than a year ago, which are supporting property values. A new round of government spending initiatives and stimulus measures expected to be announced on budget night next week could provide a further boost to the housing market.
Parts of the housing market have emerged from the economic shocks of COVID-19 in better shape than they were before the pandemic hit. Prices have surged over the past three months in coastal NSW and some of Sydney’s satellite regions such as the Blue Mountains and Southern Highlands, sales data showed.
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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