Property sales slower, but not stopped in Sydney lockdown
Properties continue to transact in Sydney despite the city’s latest lockdown, with buyers and agents leaning on technology as they adapt to the challenging market conditions.
Sydney's famous landmarks have been markedly quieter during lockdown. Photo: Juan C Sanchez-Herrera/Shutterstock (Image source: Shutterstock.com)
Properties continue to transact in Sydney despite the city’s latest lockdown, with buyers and agents leaning on technology as they adapt to the challenging market conditions.
Current restrictions in place in New South Wales include a ban on in-person auctions, while inspections of properties can only be conducted for one person.
Real Estate Institute of NSW chief executive Tim McKibbin said that while lockdown had set in, agents were well prepa…
