Housing commentators warned buyers waiting for spring listings that a meaningful price correction was unlikely, despite an expected lift in stock. A PIPA panel including chair Nicola McDougall pointed to strong overseas migration, critically low rental supply and signs the rate rising cycle had ended. Ray White’s Nerida Conisbee said renovated homes would stay keenly contested while properties needing work or in poor locations would struggle.
Reported by
Courier Mail, Brisbane, Page 5, 26 August 2023
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