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Confidence returns to the property market

Press coverage 1 May 2023 Summary of published coverage
Confidence returns to the property market

Confidence was returning to housing markets nationally, with buyer numbers rising and demand focused on quality stock, according to PIPA’s quarterly update. Contributors reported tight supply in Melbourne, Sydney and Queensland, record low vacancy rates and steep rent increases. Peter Koulizos said South Australia continued to outperform, while Propertyology’s Simon Pressley attributed Tasmania’s softening to buyer fatigue after an unusually long growth run.

Reported by

Rowan Crosby, Elite Agent, 1 May 2023

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