Spring selling season set to shape property market's year ahead
How will Australia's spring selling season perform this year, where real estate prices and interest rates are heading in opposite directions, and how will it shape the property market into 2023?
What real estate market surprises will be sprung in spring? (Image source: Shutterstock.com)
The spring property selling season in Australia traditionally heralds a huge uptick in new listings and buyer activity but this year’s season is shaping as one to watch.
Rapidly rising interest rates, weak consumer sentiment, soaring inflation and persistent affordability issues could suppress this normal post-winter rebound and influence the property market’s momentum for the year ahead.
Unlike previous years, property prices are falling and d…
