COVID-19 having 'negative impacts' for property market | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 78%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

REA Group's Nerida Conisbee says the coronavirus outbreak has had 'negative impacts' on the property market with more people 'monitoring' rather than purchasing.

REA Group's Nerida Conisbee says the coronavirus outbreak has had "negative impacts" on the property market with more people "monitoring" rather than purchasing. "Sydney's market is very sensitive to change," Ms Conisbee said.

Prime Minister Scott Morrison warned earlier this week the coronavirus outbreak could have a greater impact on Australia's economy than the global financial crisis. Industry experts warned the nation's property market would not be immune to the fallout.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Oh dear, we mustn't disturb 'the property market', lmao!

Not sure about this. There are a bunch of properties in Melbourne CBD and around that were sold, for cash before having time to arrange an inspection.

PopTheOzBubble justthink1

No shit, Sherlock!?

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines