Ray White Now | February 2021 | Page 6

06 FEBRUARY EDITION

SELLING IN THE CURRENT CLIMATE

Like most property owners , you ’ ll probably have questions about what has and hasn ’ t changed in the way in which properties are being marketed in the current environment . Is now a good time to market my property for sale ? How can we continue to market and sell property in an efficient manner as our communities transition back to normal conditions ? And so on .
As 2020 showed us , the property market across Australia remained resilient and contradicted what many speculators predicted . Despite numerous COVID-19 induced restrictions and lockdowns , our network managed to continue to transact properties for thousands of buyers and sellers in a safe and effective manner . Property values rose to new highs in January on the back of record low borrowing costs , stimulus payments and low stock levels . The favourable selling conditions have also prompted a spike in new home loan commitments . The Australian Bureau of Statistics reports new home loan