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Property Market Is Strong Now

By Lauren Lauder

If you are considering selling our Ray White Now insights explain how you can take advantage of the current conditions to achieve the best possible outcome.

The budget deficit in the financial year to June 2021 will reach $185 billion or 9.7 per cent of GDP, being the largest deficit since World War II relative to the size of the economy. This follows an estimated deficit for the financial year just completed in June 2020 of $86 billion or 4.3 per cent of GDP (remember that in March 2020 Treasury was forecasting a budget surplus).

The economic outlook is very uncertain.

The market is strong now but how long will this strong period continue for? We don’t know, no one does. If any of our sellers are concerned about the risks to the property market, we ask, “why would you wait?”.

Read the latest Ray White Now Insights here

Our local Centenary property market has been performing exceptionally well in recent months and we are achieving fantastic results for clients.

If you are thinking of selling or would like to speak with our agents about the market please complete the below contact form or call us on 07 3373 4200.

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