Property buyer demand red hot amid lockdowns

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The REA has released its Property Insights Weekly Demand Index report, which reveals that demand to buy property remains resilient despite significant portions of the country now being in lockdown.

At the national level, level of buyer demand is now within 10% of the historic-peak recorded in mid-February this year:

National property demand

National buyer demand near peak.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.