'Alarmist headlines misplaced' as Sydney market levels out
Declaring price falls attracts headlines but CoreLogic’s latest data shows Sydney home values fell just 0.2 per cent in March, following a 0.1 per cent fall in February.
Writing exclusively for Australian Property Investor Magazine, Real Estate Institute of New South Wales Chief Executive Officer, Tim McKibbin, says it is alarmist to declare the slight easing of Sydney’s property prices as anything other than a natural easing.
With the first quarter of 2022 now behind us, the Sydney real estate market has settled into a place of stability.
Some commentators will be eager to call it a correction. Declaring price…