From a Buyer’s Market to a Seller’s

Property investment and developer Michael Yarney has updated the public with the news that New South Wales’ property market has transitioned from buyer’s market to seller’s market.

A few key reasons to this include:

•Covid19 cases are under control

•High action clearance rates

•Consumer confidence arise, as the need to purchase homes has grown

•Government support policies

•Low interest rates

It is evident that real estate is on its way back!

Source: Michael Yardney’s Property Investment Update & NSW 2020 Budget