Sellers feeling confident in a booming property market
Australian homeowners are feeling more confident about selling their properties in a red-hot housing market as the COVID-19 situation improves.
Realestate.com.au’s latest Property Seeker report showed market conditions, led by booming house prices and record low interest rates, are now the key driver for sellers.
Realestate.com.au director of economic research Cameron Kusher said a lot of people decided not to sell last year, but that was now changing as the coronavirus situation improved and the economy recovered.
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