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FOUR predictions for Australia's property market post COVID-19
As per the Chief Economist from REA Group over the past two weeks, we have seen a significant change in sentiment on realestate.com.au. Buyers are still curious and the number of searches has increased significantly. Search activity on the ‘Buy’ section of realestate.com.au is now 35 per cent more than this time last year. Although this comparison is between an...
HAVE A HAPPY AND SAFE EASTER BREAK AT HOME!
HAVE A HAPPY AND SAFE EASTER BREAK AT HOME! Our lives have changed so quickly in the past few weeks as COVID-19 became a pandemic. As travel comes to a virtual halt, and governments react, most of us find ourselves stuck in our homes to avoid and halt the spread of the novel coronavirus. But its Easter and a long weekend, and we should try to make the best of it. Above all we w...
WHAT IS BIS OXFORD ECONOMICS SAYING ABOUT COVID-19?
“The recovery phase is expected to be relatively quick and very strong in the property market." Are property economists confident? Sarah Hunter Chief Economist at BIS Oxford Economics is confident this pandemic is having a large impact, but it will be a ‘short, sharp, shock to the Australian economy. It's expected that once restrictions are removed fr...