GROWTH IN OCTOBER

The month of October had some positive growth in the property sector. Investors have come back. There has been an increase in activity from investors. The number of property investors with loan commitments are returning to pre pandemic levels. Australians interest in the property market has overall been unaffected by the pandemic although some vendors were reluctant to put properties to market. Confidence levels are high and people are still looking to property as a preferred investment choice especially because the interest rates are at a record low. Now is a good time to buy and sell.