Regional housing market drops in price but still outperforms capital cities

📆 19-12-22 08:30:00
📰 9NewsAUS

⏱ Reading Time:
17 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 72%

Belgique Nouvelles Nouvelles

Towns in regional Australia grew in popularity during the pandemic as people re-assessed their housing needs in lockdown, now the demand is decreasing. 9News

Prices of properties in regional Australian towns have slowed after hitting their peak in April 2022.

restrictions have eased and interest rates have quickly risen, the boom has been replaced with slower growth and elevated uncertainty," said PropTrack's Senior Economist, Eleanor Creagh. The number of potential buyers per listing has also decreased, falling 22 per cent from its all-time peak in January 2022.

Écrire un Commentaire

Good, see ya later.

Maybe people are realising that services etc are not so great in the regions.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités