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Property market update: Sydney, May 2020

Press coverage 4 June 2020 Summary of published coverage
Property market update: Sydney, May 2020

REINSW president Leanne Pilkington dismissed forecasts of 30 per cent price falls, arguing a shortage of sellers was supporting values and that housing was less volatile than shares. ANZ Research still expected prices and construction to weaken into 2021 as border closures cut migration, while PIPA research was cited showing capital city house prices rose in the five years after every downturn since 1973.

Reported by

Bianca Dabu, Smart Property Investment, 4 June 2020

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