Sellers to return to market this year – REA Group

Online listings firm REA Group expects sellers to return to the market this year amid stabilising property prices, driven by low supply, rising migration and strong demand.Listing volumes remain subdued for the moment, stifled by uncertainty about interest rates, according to a report by The Australian.However, REA Group predicts that as the Reserve Bank reaches the end of its rate-hiking cycle, more vendors will put their properties on the market.

Read more - https://www.mpamag.com/au/news/general/sellers-to-return-to-market-this-year-rea-group/445973