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PHOTO: The coronavirus crisis

The coronavirus crisis has put so much of our lives on hold, but for some people, selling and buying homes just can’t wait.

This weekend, real estate agents moved to holding virtual opens homes and auctions for the first time.

The industry has had to adapt to stay afloat.

“We did see a lot of auctions move to private sales,” Nerida Conisbee, Chief Economist at realestate.com.au told Weekend Sunrise.

The property market is expected to slow, but it’s not known to what extent.
The property market is expected to slow, but it’s not known to what extent. Credit: DARREN ENGLAND/AAPIMAGE

“We did see a few actions taking place (on Saturday) and they were often done virtually,” she said.

In fact, as many as 70 per cent of auctions were either cancelled or moved to private sale over the weekend.

READ MORE VIA 7NEWS