There are many factors impacting supply and demand for residential property at current. With government announcements changing daily, the direction of supply and demand is difficult to predict. m3property have complied a COVID-19 Implications for the Residential Market white paper report: “We expect low population growth, high unemployment rates and government safety and stimulus initiatives, to have an impact on all residential indicators. Based on our expectations for these indicators and assuming we avoid a second wave of the virus as state borders re-open, we have forecast the supply-demand gaps and median prices for the major markets.”
Click HERE to read and download the full report published by m3property in June 2020.
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