Different Markets. Different Gears: Australian Economic and Property Report 2024
Aug. 5, 2024, 4:25 p.m.PRD’s latest findings reveal every real estate market around Australia is in its own gear speed. Many markets saw a price recovery due to a stable cash rate since November 2023. However, economic conditions and the ‘cost-of-living crisis’ have dampened savings, and a stable cash rate has created “sticky” buyers (those who are in the market but not…
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