The impact on the housing and apartment markets from the coronavirus pandemic remains highly uncertain. Historical data shows that during previous economic shocks (e.g. GFC) housing values remain relatively insulated while volumes are more easily susceptible to volatility. Sales volumes are also impacted by the state of the labour market and the number of distressed properties.
As such, Place Advisory has investigated the market in an attempt to further understand how it is currently tracking during these trying times. This report summaries the concern of consumers, challenges currently faced, future property activity, seller activity and locations interested in. Click below to read the report.