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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

27 July 2019 (AFR) – First flickers of FOMO as property market turns

(27 July 2019, AFR, p11, Nila Sweeney, Reporter)

‘Investors and first-home buyers are reporting the first flickers of FOMO as parts of the property market start to turn and buyers move to get in at the bottom. While average sale prices in Sydney and Melbourne have risen only modestly since sentiment began turning after the May federal election – just 0.1 per cent and 0.2 per cent respectively – stories from some parts of those cities suggest a far sharper turnaround.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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