{"id":25717,"date":"2020-06-12T10:01:02","date_gmt":"2020-06-11T22:01:02","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=25717"},"modified":"2020-06-12T10:01:02","modified_gmt":"2020-06-11T22:01:02","slug":"property-buying-and-selling-paused-in-australia-during-covid-19","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/","title":{"rendered":"Property buying and selling paused in Australia during COVID-19"},"content":{"rendered":"<p><strong>PHOTO: Westpac <\/strong><\/p>\n<ul class=\"canvas-list List(d)\" data-type=\"list\" data-reactid=\"19\">\n<li data-reactid=\"20\"><strong>Australian home lending contracted by 4.8% in April, its largest monthly fall since 2015, after home inspections and auctions were temporarily prohibited.<\/strong><\/li>\n<li data-reactid=\"21\"><strong>The drop was followed by car lending falling by 37.8% and personal loans by more than 17% as confidence sunk during the pandemic.<\/strong><\/li>\n<li data-reactid=\"22\"><strong>However, a Westpac consumer survey released on Wednesday shows confidence is returning to pre-COVID-19 levels \u2013 suggesting Australians may believe the worst is over.<\/strong><\/li>\n<li data-reactid=\"23\"><strong>The Commonwealth Bank has revised its forecasts, believing<a href=\"https:\/\/www.businessinsider.com.au\/australian-house-prices-property-market-coronavirus-sydney-melbourne-forecast-2020-4\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">\u00a0its forecast of 10% price falls<\/a>\u00a0may not come to pass after all.<\/strong><\/li>\n<\/ul>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/www.propertynoise.co.nz\/reese-witherspoon-quietly-scoops-up-11-9m-tudor-style-home-in-la\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-hoot-medium-thumb entry-content-featured-img entry-grid-featured-img wp-post-image jetpack-lazy-image jetpack-lazy-image--handled\" src=\"https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/06\/Reese-Witherspoon.jpg?resize=460%2C270&amp;ssl=1\" sizes=\"(max-width: 460px) 100vw, 460px\" srcset=\"https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/06\/Reese-Witherspoon.jpg?resize=460%2C270&amp;ssl=1 460w, https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/06\/Reese-Witherspoon.jpg?zoom=2&amp;resize=460%2C270&amp;ssl=1 920w\" alt=\"Reese Witherspoon\" width=\"460\" height=\"270\" data-attachment-id=\"72371\" data-permalink=\"https:\/\/www.propertynoise.co.nz\/reese-witherspoon-quietly-scoops-up-11-9m-tudor-style-home-in-la\/reese-witherspoon\/\" data-orig-file=\"https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/06\/Reese-Witherspoon.jpg?fit=968%2C681&amp;ssl=1\" data-orig-size=\"968,681\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Reese Witherspoon\" data-image-description=\"\" data-medium-file=\"https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/06\/Reese-Witherspoon.jpg?fit=300%2C211&amp;ssl=1\" data-large-file=\"https:\/\/i2.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/06\/Reese-Witherspoon.jpg?fit=968%2C681&amp;ssl=1\" data-lazy-loaded=\"1\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/www.propertynoise.co.nz\/reese-witherspoon-quietly-scoops-up-11-9m-tudor-style-home-in-la\/\" rel=\"bookmark\">Reese Witherspoon quietly scoops up $11.9M Tudor-style home in LA<\/a><\/h2>\n<\/header>\n<\/div>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"25\">Australia&#8217;s great love affair with the housing market appears to have cooled off somewhat, but the break may only have been temporary.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"26\">New home loans fell by 4.8% in April, marking the biggest monthly contraction since 2015, according to new ABS data.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" style=\"margin: 0px 0px 1em; color: #000000; font-family: 'Yahoo Sans Finance', 'Helvetica Neue', Arial, sans-serif; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial;\" data-reactid=\"27\">While the fall was expected given the\u00a0temporary prohibition on open houses and auctions, it underlines how much the market has so far encountered a temporary hiatus rather than a price meltdown.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" style=\"margin: 0px 0px 1em; color: #000000; font-family: 'Yahoo Sans Finance', 'Helvetica Neue', Arial, sans-serif; font-size: 16px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial;\" data-reactid=\"28\">&#8220;We had expected dwelling prices to fall around 7% over 2020 [or]\u00a010% peak to trough\u00a0[but] we now see the risks tilted towards a smaller fall,&#8221; CBA senior economist Kristina Clifton said in a note issued to Business Insider Australia.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"29\">&#8220;The coronavirus restrictions are being lifted faster than we first thought. Monetary and fiscal stimulus has been huge and is providing much-needed support to the economy.&#8221;<\/p>\n<p data-reactid=\"29\">READ MORE VIA <a href=\"https:\/\/au.finance.yahoo.com\/news\/property-buying-selling-paused-australia-072922749.html\">YAHOO<\/a><\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR<\/span><\/h3>\n<ul class=\"widgets-list-layout no-grav\">\n<li><a class=\"bump-view\" title=\"Sofia Vergara bags Beverly Park mansion\" href=\"https:\/\/propertynoise.co.nz\/au\/sofia-vergara-bags-beverly-park-mansion\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/06\/Sofia-Vergara.jpg?fit=931%2C524&amp;ssl=1&amp;resize=40%2C40\" alt=\"Sofia Vergara bags Beverly Park mansion\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Sofia Vergara bags Beverly Park mansion\" href=\"https:\/\/propertynoise.co.nz\/au\/sofia-vergara-bags-beverly-park-mansion\/\" data-bump-view=\"tp\">Sofia Vergara bags Beverly Park mansion<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"Agency unveils 100% commission offering\" href=\"https:\/\/propertynoise.co.nz\/au\/agency-unveils-100-commission-offering\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/06\/@realty-.jpg?fit=408%2C253&amp;ssl=1&amp;resize=40%2C40\" alt=\"Agency unveils 100% commission offering\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Agency unveils 100% commission offering\" href=\"https:\/\/propertynoise.co.nz\/au\/agency-unveils-100-commission-offering\/\" data-bump-view=\"tp\">Agency unveils 100% commission offering<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"Unlivable Sydney house hits the market for $3.6MILLION\" href=\"https:\/\/propertynoise.co.nz\/au\/unlivable-sydney-house-hits-the-market-for-3-6million\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/06\/Sydney-Terrace-House.jpg?fit=962%2C643&amp;ssl=1&amp;resize=40%2C40\" alt=\"Unlivable Sydney house hits the market for $3.6MILLION\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Unlivable Sydney house hits the market for $3.6MILLION\" href=\"https:\/\/propertynoise.co.nz\/au\/unlivable-sydney-house-hits-the-market-for-3-6million\/\" data-bump-view=\"tp\">Unlivable Sydney house hits the market for $3.6MILLION<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"Does my house qualify for HomeBuilder?\" href=\"https:\/\/propertynoise.co.nz\/au\/does-my-house-qualify-for-homebuilder\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/06\/Both-new-and-existing-homes-are-eligible.jpg?fit=650%2C366&amp;ssl=1&amp;resize=40%2C40\" alt=\"Does my house qualify for HomeBuilder?\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Does my house qualify for HomeBuilder?\" href=\"https:\/\/propertynoise.co.nz\/au\/does-my-house-qualify-for-homebuilder\/\" data-bump-view=\"tp\">Does my house qualify for HomeBuilder?<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"Block sales surge as buyers chase $45K grants\" href=\"https:\/\/propertynoise.co.nz\/au\/block-sales-surge-as-buyers-chase-45k-grants\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/06\/Homebuyers-Kyarna-Cloke-and-Ben-McCarthy-with-Warralily-estate-manager-Claire-Almond.jpg?fit=650%2C366&amp;ssl=1&amp;resize=40%2C40\" alt=\"Block sales surge as buyers chase $45K grants\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Block sales surge as buyers chase $45K grants\" href=\"https:\/\/propertynoise.co.nz\/au\/block-sales-surge-as-buyers-chase-45k-grants\/\" data-bump-view=\"tp\">Block sales surge as buyers chase $45K grants<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"Ex-New Zealand PM Sir John Key sells McMahons Point pad for more than $6 million\" href=\"https:\/\/propertynoise.co.nz\/au\/ex-new-zealand-pm-sir-john-key-sells-mcmahons-point-pad-for-more-than-6-million\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/06\/Sir-John-Key.jpg?fit=1024%2C700&amp;ssl=1&amp;resize=40%2C40\" alt=\"Ex-New Zealand PM Sir John Key sells McMahons Point pad for more than $6 million\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Ex-New Zealand PM Sir John Key sells McMahons Point pad for more than $6 million\" href=\"https:\/\/propertynoise.co.nz\/au\/ex-new-zealand-pm-sir-john-key-sells-mcmahons-point-pad-for-more-than-6-million\/\" data-bump-view=\"tp\">Ex-New Zealand PM Sir John Key sells McMahons Point pad for more than $6 million<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"Time to grab a bargain! Rental vacancies surge to a 'historic high' in the wake of the coronavirus crisis\" href=\"https:\/\/propertynoise.co.nz\/au\/time-to-grab-a-bargain-rental-vacancies-surge-to-a-historic-high-in-the-wake-of-the-coronavirus-crisis\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/06\/inner-Sydney-vacancy-rates.jpg?fit=634%2C422&amp;ssl=1&amp;resize=40%2C40\" alt=\"Time to grab a bargain! Rental vacancies surge to a 'historic high' in the wake of the coronavirus crisis\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Time to grab a bargain! Rental vacancies surge to a 'historic high' in the wake of the coronavirus crisis\" href=\"https:\/\/propertynoise.co.nz\/au\/time-to-grab-a-bargain-rental-vacancies-surge-to-a-historic-high-in-the-wake-of-the-coronavirus-crisis\/\" data-bump-view=\"tp\">Time to grab a bargain! Rental vacancies surge to a &#8216;historic high&#8217; in the wake of the coronavirus crisis<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"RE\/MAX real estate agent fired over racist online rant\" href=\"https:\/\/propertynoise.co.nz\/au\/re-max-real-estate-agent-fired-over-racist-online-rant\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/06\/Real-Estate-Agent.jpg?fit=640%2C360&amp;ssl=1&amp;resize=40%2C40\" alt=\"RE\/MAX real estate agent fired over racist online rant\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"RE\/MAX real estate agent fired over racist online rant\" href=\"https:\/\/propertynoise.co.nz\/au\/re-max-real-estate-agent-fired-over-racist-online-rant\/\" data-bump-view=\"tp\">RE\/MAX real estate agent fired over racist online rant<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"Real estate agent, 27, admits selling cocaine\" href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-agent-27-admits-selling-cocaine\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i0.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/06\/Kristiana-Karakostas.jpg?fit=634%2C634&amp;ssl=1&amp;resize=40%2C40\" alt=\"Real estate agent, 27, admits selling cocaine\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Real estate agent, 27, admits selling cocaine\" href=\"https:\/\/propertynoise.co.nz\/au\/real-estate-agent-27-admits-selling-cocaine\/\" data-bump-view=\"tp\">Real estate agent, 27, admits selling cocaine<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"The trendy suburbs where property prices are predicted to fall  below $650,000 - saving first home buyers $20,000 in stamp duty\" href=\"https:\/\/propertynoise.co.nz\/au\/the-trendy-suburbs-where-property-prices-are-predicted-to-fall-below-650000-saving-first-home-buyers-20000-in-stamp-duty\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i0.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/06\/Property-prices.jpg?fit=634%2C423&amp;ssl=1&amp;resize=40%2C40\" alt=\"The trendy suburbs where property prices are predicted to fall  below $650,000 - saving first home buyers $20,000 in stamp duty\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"The trendy suburbs where property prices are predicted to fall  below $650,000 - saving first home buyers $20,000 in stamp duty\" href=\"https:\/\/propertynoise.co.nz\/au\/the-trendy-suburbs-where-property-prices-are-predicted-to-fall-below-650000-saving-first-home-buyers-20000-in-stamp-duty\/\" data-bump-view=\"tp\">The trendy suburbs where property prices are predicted to fall below $650,000 &#8211; saving first home buyers $20,000 in stamp duty<\/a><\/div>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Westpac Australian home lending contracted by 4.8% in April,<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":19977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478109970,478098521,478105117,478100764,478109971,478108952,478098722,478098542,478098519,478098535,478103186,478098513,478101743,478099125,478098873,478098579,478098511,478098509],"class_list":["entry","author-data123nz","post-25717","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australian-home-lending","tag-australians","tag-cba","tag-commonwealth-bank","tag-consumer-survey","tag-covid-19","tag-home-lending","tag-home-loans","tag-home-ownership","tag-house-prices","tag-kristina-clifton","tag-property","tag-property-correction","tag-property-crash","tag-property-investment","tag-property-market","tag-real-estate","tag-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property buying and selling paused in Australia during COVID-19 - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Property buying and selling paused in Australia during COVID-19 - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: Westpac Australian home lending contracted by 4.8% in April,Read More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PropertyNoiseNZ\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-11T22:01:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2019\/07\/Westpac1.jpg?fit=700%2C425&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"425\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Property Noise Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:site\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Property Noise Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/property-buying-and-selling-paused-in-australia-during-covid-19\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/property-buying-and-selling-paused-in-australia-during-covid-19\\\/\"},\"author\":{\"name\":\"Property Noise Group\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\"},\"headline\":\"Property buying and selling paused in Australia during COVID-19\",\"datePublished\":\"2020-06-11T22:01:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/property-buying-and-selling-paused-in-australia-during-covid-19\\\/\"},\"wordCount\":348,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/property-buying-and-selling-paused-in-australia-during-covid-19\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/Westpac1.jpg\",\"keywords\":[\"australia\",\"Australian home lending\",\"Australians\",\"CBA\",\"Commonwealth Bank\",\"consumer survey\",\"COVID-19\",\"home lending\",\"home loans\",\"Home ownership\",\"house prices\",\"Kristina Clifton\",\"property\",\"property correction\",\"property crash\",\"property investment\",\"property market\",\"real estate\",\"Real Estate News\"],\"articleSection\":[\"Australian Property &amp; Real Estate News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/property-buying-and-selling-paused-in-australia-during-covid-19\\\/\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/property-buying-and-selling-paused-in-australia-during-covid-19\\\/\",\"name\":\"Property buying and selling paused in Australia during COVID-19 - Property News Australia\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/property-buying-and-selling-paused-in-australia-during-covid-19\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/property-buying-and-selling-paused-in-australia-during-covid-19\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/Westpac1.jpg\",\"datePublished\":\"2020-06-11T22:01:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/property-buying-and-selling-paused-in-australia-during-covid-19\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/property-buying-and-selling-paused-in-australia-during-covid-19\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/property-buying-and-selling-paused-in-australia-during-covid-19\\\/#primaryimage\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/Westpac1.jpg\",\"contentUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/Westpac1.jpg\",\"width\":700,\"height\":425,\"caption\":\"Westpac\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/property-buying-and-selling-paused-in-australia-during-covid-19\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Property buying and selling paused in Australia during COVID-19\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#website\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\",\"name\":\"Property News Australia\",\"description\":\"Property News | Real Estate News | Australia\",\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\",\"name\":\"The Property Noise Group\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2017\\\/04\\\/Property-Noise-Australia.jpg\",\"contentUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2017\\\/04\\\/Property-Noise-Australia.jpg\",\"width\":1120,\"height\":160,\"caption\":\"The Property Noise Group\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/PropertyNoiseNZ\\\/\",\"https:\\\/\\\/x.com\\\/propertynoisenz\",\"http:\\\/\\\/propertynoisenz\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\",\"name\":\"Property Noise Group\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g\",\"caption\":\"Property Noise Group\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Property buying and selling paused in Australia during COVID-19 - Property News Australia","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/","og_locale":"en_US","og_type":"article","og_title":"Property buying and selling paused in Australia during COVID-19 - Property News Australia","og_description":"PHOTO: Westpac Australian home lending contracted by 4.8% in April,Read More &rarr;","og_url":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/","og_site_name":"Property News Australia","article_publisher":"https:\/\/www.facebook.com\/PropertyNoiseNZ\/","article_published_time":"2020-06-11T22:01:02+00:00","og_image":[{"width":700,"height":425,"url":"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2019\/07\/Westpac1.jpg?fit=700%2C425&ssl=1","type":"image\/jpeg"}],"author":"Property Noise Group","twitter_card":"summary_large_image","twitter_creator":"@propertynoisenz","twitter_site":"@propertynoisenz","twitter_misc":{"Written by":"Property Noise Group","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/#article","isPartOf":{"@id":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/"},"author":{"name":"Property Noise Group","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/person\/175c8981af50e593000aa8ad7aab9d84"},"headline":"Property buying and selling paused in Australia during COVID-19","datePublished":"2020-06-11T22:01:02+00:00","mainEntityOfPage":{"@id":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/"},"wordCount":348,"commentCount":0,"publisher":{"@id":"https:\/\/propertynoise.co.nz\/au\/#organization"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/#primaryimage"},"thumbnailUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2019\/07\/Westpac1.jpg","keywords":["australia","Australian home lending","Australians","CBA","Commonwealth Bank","consumer survey","COVID-19","home lending","home loans","Home ownership","house prices","Kristina Clifton","property","property correction","property crash","property investment","property market","real estate","Real Estate News"],"articleSection":["Australian Property &amp; Real Estate News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/","url":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/","name":"Property buying and selling paused in Australia during COVID-19 - Property News Australia","isPartOf":{"@id":"https:\/\/propertynoise.co.nz\/au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/#primaryimage"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/#primaryimage"},"thumbnailUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2019\/07\/Westpac1.jpg","datePublished":"2020-06-11T22:01:02+00:00","breadcrumb":{"@id":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/#primaryimage","url":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2019\/07\/Westpac1.jpg","contentUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2019\/07\/Westpac1.jpg","width":700,"height":425,"caption":"Westpac"},{"@type":"BreadcrumbList","@id":"https:\/\/propertynoise.co.nz\/au\/property-buying-and-selling-paused-in-australia-during-covid-19\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/propertynoise.co.nz\/au\/"},{"@type":"ListItem","position":2,"name":"Property buying and selling paused in Australia during COVID-19"}]},{"@type":"WebSite","@id":"https:\/\/propertynoise.co.nz\/au\/#website","url":"https:\/\/propertynoise.co.nz\/au\/","name":"Property News Australia","description":"Property News | Real Estate News | Australia","publisher":{"@id":"https:\/\/propertynoise.co.nz\/au\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/propertynoise.co.nz\/au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/propertynoise.co.nz\/au\/#organization","name":"The Property Noise Group","url":"https:\/\/propertynoise.co.nz\/au\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/logo\/image\/","url":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2017\/04\/Property-Noise-Australia.jpg","contentUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2017\/04\/Property-Noise-Australia.jpg","width":1120,"height":160,"caption":"The Property Noise Group"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/PropertyNoiseNZ\/","https:\/\/x.com\/propertynoisenz","http:\/\/propertynoisenz"]},{"@type":"Person","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/person\/175c8981af50e593000aa8ad7aab9d84","name":"Property Noise Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g","caption":"Property Noise Group"}}]}},"_links":{"self":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/25717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/comments?post=25717"}],"version-history":[{"count":1,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/25717\/revisions"}],"predecessor-version":[{"id":25718,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/25717\/revisions\/25718"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/media\/19977"}],"wp:attachment":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/media?parent=25717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/categories?post=25717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/tags?post=25717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}