1 minute read
Aevum Podiatry
from February 2023
Your local, experienced and educated real estate professional For local, experienced and educated real estate advice, call Ian today!
For local, experienced and educated real estate advice, call Ian today!
Advertisement
Ian Pepper 0403 570 041 ian.pepper@raywhite.com raywhitehelensburgh.com.au
Ian Pepper 0403 570 041 ian.pepper@raywhite.com raywhitehelensburgh.com.au
Looking ahead in 2023
There has been lots of analysis and reports in the media over the summer break speculating about what might be in store for real estate. The consensus seems to be: books, games and gifts for all ages
Shop 5/264 Lawrence Hargrave Drive www.collinsbooksthirroul.com.au
@collinsbooksellersthirroul
• Interest rates to creep up another 0.5% over the next few months and then paused to assess the impacts of the steepest rise in rates in a generation
• First few months of 2023 will be slow and prices will be under pressure, Sydney is expected to drop another 8% following the decline of 13% in 2022
• Market sentiment to return once interest rates have peaked
• Chinese buyers set to return mid-way through 2023 after a three-year absence
Overall, if a seller is trading up or down then they are generally indifferent to the price outlook. However, if a seller is looking to cash in on their capital gains, then it may be advisable to wait a few months.
