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Market buffered against doom and gloom forecasts

Press coverage 11 August 2023 Summary of published coverage
Market buffered against doom and gloom forecasts

Solid market conditions had held up despite widespread forecasts of steep price falls, according to PIPA’s latest national market update, which drew on commentary from seven industry figures. PIPA chair Nicola McDougall attributed the resilience to tight listing volumes and a surge in overseas arrivals, and said the Reserve Bank’s July pause suggested rates were close to their peak. A Surf Coast agent reported rental availability improving locally.

Reported by

Dean Webster, Bellarine Times, 11 August 2023 Market buffere

PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.

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