Business Immo, the real estate website
Research Insight

Sydney Residential

Published on

A research produced by

Research Insight

After entering a stabilization phase in 2012, Sydney Prestige1 (top 5% of market) residential prices begun to show early signs of recovery in the first half of 2013. Annual price growth has rebounded 7.9% over the year to the end of June 2013, following negative 0.9% growth in the 2012 CY.

The main contributors to the improved performance in 2013 at the top end include a pick-up in confidence on the back of lower interest rates, more liquid debt markets, and a strong rebound in the share-market (notwithstanding recent correction), which has underpinned improvement in volumes. Vendor discounting has also lessened as confidence has returned, supporting prices. Nevertheless, buyers remain price and product sensitive.

Source : Knight Frank

To access this content, you have to log in

In order to facilitate access to information during this difficult period for everyone, the Business Immo group has taken the decision to offer access to all of its content. You can therefore create your account for free.


On the same topic