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Why are we seeing strong sales results now?

By Courtney Martin

The resilience of the Eastern Suburbs housing market has never been more evident than over the past two months. Most of us are surprised at the level of activity and prices achieved, even though the market has operated under restrictive operating conditions and amidst extremely negative media commentary.

Despite a level of anxiety in the broader community, in the first three weeks of May 2020, we sold 22 properties totalling $56.8 million in sales across the east. This is a remarkable number considering that much of the economy and community was in lockdown. This report explains why we are seeing strong sales results now – an interesting read if you’re monitoring the market…

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