CoreLogic’s head of research, Eliza Owen, has released a research not examining the likely impact of lockdowns on the usually buoyant spring selling season:
Less than two weeks out from the spring selling season of 2021, lockdown conditions are in place across the ACT, Greater Melbourne and NSW. More recently, major centres across the Northern Territory have been plunged into a snap lockdown.
In the decade prior to COVID-19, sales and listings volumes would typically rise from September to November. The seasonal impact on prices is fairly marginal, as both buyer demand and property supply would increase over the season…
