In 2019, there will be several political and economic factors that will continue to impact Sydney’s property market, according to a leading real estate CEO.
30 per cent drop forecast for Sydney and Melbourne, but Hobart outlook is strong: SQM Research
Sydney and Melbourne house prices could fall by as much as 30 per cent, while Hobart house prices could rise by 5 per cent, according to SQM Research Louis Christopher's Boom and Bust Report.
Stamp duty reforms an "insult" to home buyers, as bidders versus banks after another flat auction rate
Industry body the Real Estate Institute of New South Wales (REINSW) have slammed the stamp duty reforms as an "insult" to genuine home buyers, while bidders struggle with tight bank lending after another weekend of flat auctions across the nation.
After five years of growth, most have come to accept that the property market has changed in recent times, and that it is no longer purely a seller’s market.