Global tensions add pressure to major city housing markets

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In the final auction weekend before the US-Israeli war with Iran began, Sydney produced its weakest early-March result since SQM Research’s records began in early 2020.

Amidst a weak clearance rate result of 45.9%, SQM Research Managing Director Louis Christopher concluded on X (formerly known as Twitter) that:

“Just calling it straight – this is a pretty shit result for Sydney for this time of year”.

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About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.