Will interest rate stability lure more property investors?
First home buyers remain very cautious, the number of upgraders is significant but not sizable, while downsizers are among the most competitive, but what are the property investors doing?
Property investors will need to contend with the anti-landlord reforms recently introduced in NSW. (Image source: Shutterstock.com)
Interest rates have predictably remained on hold even though inflation is easing, setting up the real estate market for a steady run to end the year.
Steady has been the norm for the market in recent times. Transaction activity has been solid if subdued, auction volumes are down slightly on what they were 12 months ago, listing numbers are relatively flat, and clearance rates have softened slightly but remain encouraging for vendors.
In many ca…
