Investors were increasingly drawn to regional and rural centres as remote working reduced the pull of the capitals, according to PIPA’s annual sentiment survey. About 67 per cent thought it was a good time to buy, down from 82 per cent a year earlier, and 77 per cent said the prospect of falling prices would not stall their plans. Some 71 per cent were less likely to sell a property over the following year.
Reported by
Stuart Marsh, Nine.com.au, 15 September 2020
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.
