As expected and demonstrated in previous years, the Lower North Shore property market softened slightly during winter with confidence returning in time for the spring selling season.
The first two months of spring have seen stock and appraisal numbers increase significantly, both of which are the first indicators of a buoyant market. Demand is much stronger than supply as buyers have re-emerged from Sydney’s winter hibernation and are looking to start afresh.
Our team have compiled statistics and trends reflecting winter’s changing market. We hope you find this information useful and will update you on how the market fairs over spring.
Kind regards,
The team from Ray White Lower North Shore
Escalation in the Middle East, the war in Ukraine, a US election around the corner, and a softer economy in China all have consequences for Australian property. The uncertainty on each of these issues is enough to impact our real estate market, but all four at once produce a veritable … Read more
As Sydney’s Lower North Shore prestige property market continues to evolve, understanding its key trends and both global and domestic economic drivers is crucial for buyers, owners, investors and industry professionals. Join us for an insightful evening where industry experts will dissect the dynamics shaping one of Sydney’s most sought-after … Read more