Wednesday, 3 November 2021

Markets anticipate Sydney reopening

Approvals fading, except for Sydney units

Sydney unit prices are up 15 per cent so far this year, as affordability for houses begins to bite.

Markets appear to be anticipating the big reopening, with unit approvals rising over the past few months.


House approvals are now on the decline, as the stimulus measures work through. 


Overall, 231,000 dwelling approvals over the year, which is not a figure to be sniffed at. 


Next stop, immigration restarts!