Jun 19, 2023
Recovery and consistency are the key themes to emerge in our
analysis of markets across
Australia for the new Winter edition of The Price Predictor
Index.
While sales activity remains subdued in some markets across the
nation, the stand-out
markets are those where many suburbs or towns have maintained a
steady level of market
activity or those where it is evident that recovery is under
way.
The results confirm that we have a multi-speed market in Australia
– which means there are
many different scenarios playing out across Australia.
There really is no such entity as “the Australian property market”
- because it’s normal to
have, at any point in time, markets which are rising strongly,
others which are rising
moderately, markets which are stagnating or marking time, and
markets that are falling.
This is certainly the case right now in Australia.