Ray White Lane Cove
The Sydney property market remains resilient. With interest rates at all- time lows and with banks being supportive of purchasers, we are seeing many buyers wanting to take advantage of these factors. Obtaining secure credit on excellent terms while they are available is certainly influencing demand. Over the past three months, supply has been low and we have seen consistent and strong buyer activity. Put simply, there were more buyers competing over fewer properties, creating conditions that lean towards our sellers obtaining an advantage on achieving outstanding results. While we are continually reminded of the risks of the pandemic, we know that the market will remain very active whatever happens. Our customers will always need to buy, sell, rent and lease property. The past fewmonths irrefutably proves this. Our role is to be relentless in serving this market and staying focused on giving our customers the best possible solutions. RayWhite have sold an incredible $44.2 billion worth of property across the network in 2019-20, up 8.6 per cent on the prior year. Now is the perfect time to consider your next property move. Call Paul Nees today on 0432 995 847 to find out what your property is worth. Paul Nees Principal What’s happening in our market?
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