NSW market buoyant but can't last forever
There’s plenty on the horizon to reinforce the fact that in real estate, nothing lasts forever, according to Tim McKibbin, Chief Executive Officer, REINSW.
With peak growth having passed, Sydney prices have returned to a more stable state. (Image source: Shutterstock.com)
In many ways, 2022 kicked off as expected in New South Wales, writes Tim McKibbin, Chief Executive Officer, Real Estate Institute of New South Wales (REINSW) for Australian Property Investor Magazine.
The surge in listings we expected in February came to fruition. From late 2021, REINSW members were reporting that a strong wave of new properties would become available early in the new year and these would be met with a heavy weight of demand.
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