At this point, it does look like the supply/demand imbalance between people wanting to buy and the number of properties for sale will ensure that price growth continues. Ray White listing authorities (the point at which a vendor signs to a Ray White agent but the property is not yet advertised) pulled back in Sydney and Melbourne in September relative to August. If this trend continues, and starts to be observed in other states, it’s likely that this will be a contributor to continued price growth, alongside ongoing strong population growth and low housing supply.
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