Consumer Confidence Increasing

The landscape of the housing market in New South Wales has shifted rapidly over the past three months from a buyer’s market to a seller’s one. Three months ago, homebuyers in Sydney were in solid position to leverage on the prevailing market conditions.

This is, however, no longer the case, with a sharp increase in buyer sentiment and auction clearance rates.

With regards to COVID-19, several vaccinations are likely to be rolled out in 2021 providing confidence that a sustainable solution will ultimately be found, and consequently this will deliver a major confidence boost to the economy.

For any further details or to request an updated Market Appraisal for your property please feel free to contact when convenient.