PHOTO: Spring is looking like a good time for the property market. Picture: Glenn Hunt / The Australian Source: News Corp Australia
Australia’s traditional home selling season, spring, is predicted to boom this year as it slingshots on the back of the nation’s coronavirus recovery.
Agents, vendors and buyers have long circled the start of spring as the date to watch closely, with interest, listings and activity peaking and often indicative of the medium-term health of the market.
Spring 2020 could be that, and the some.
Market conditions could line up well for spring. Picture: Glenn Hunt / The Australian Source:News Corp Australia
Australia’s well planned exit path from the COVID-19 epidemic will likely return life as close to pre-coronavirus as possible, barring international travel, by September, By most estimations the economy will be back firing by then and unemployment will be falling. In most industries, job security will be returning.
That coupled with the pent up coronavirus demand, record low interest rates and relatively easy access to borrowing is set to make for a strong spring selling season.
READ MORE VIA NEWS.COM.AU
