Investors driving spring property resurgence
A "supercharged" spring selling season looms large, as investors return to the market, borrowing power is boosted and capital city price growth overtakes the regions.
Strong clearance rates in Sydney point to a big spring selling season. (Image source: Elias Bitar/Shutterstock.com)
Driven by a surge in investors returning to the market, recent cash rate cuts, boosted buyer confidence and spending power, property prices look set for a boost over a busy spring selling season.
This property market resurgence comes as Australian capital cities reclaim the price growth lead from the regions for the first time in nine months.
Over the three months to July, the Cotality capital city Home Value Index rose 1.8 per cent, while regi…
