real estate listings have been delayed as the new crown pneumonia crisis continues, while those who have already listed real estate face the possibility of auction cancellations and activity stagnation, ANZ reported. Experts believe that this may have an impact on the housing market.
real estate company Full Circle Property Advocates director Rob German said that most people who wanted to sell "might be delayed ", but those who had pushed the market house should continue to sell.
"There will always be a part of the market that will be active, but prices will not continue to grow significantly ," he said. Sellers and intermediaries should carefully consider pre-auction offers, especially if they meet their price expectations. Those who plan to go public in may should probably re-evaluate in three to four weeks. "
He added that the decline in the number of home buyers could help intermediaries screen out real buyers.
The president of the Virginia real estate Association (REIV) Leah Calnan said there were no signs of a slowdown, but the situation could change ." quickly
The Australian housing market has shown "good resilience" in other events, such as the financial crisis and the outbreak, and it is certain that the market will recover quickly once the new crown virus crisis has passed, according to Kevin Brogan, an analyst at said. But the duration of the crisis is difficult to estimate and depends on the effectiveness of the measures taken now. "
Nelson Alexander Fitzroy president Arch Staver said the April supply decline was normal due to the long Easter and ANZAC weekends. Some sellers are "a little worried" about their sales prospects. But he still believes that as long as the seller`s asking price is realistic, there is still a good chance to sell.
