Why Melbourne homeowners are rushing to sell - Sydney Morning Herald


4/8/2022 12:00:00 AM3 yearsago
by Melissa Heagney

Melbourne vendors are rushing to market to sell before Easter, hoping to cash in before predicted interest rates rise and house prices fall.

Dr Powell said vendors would still be ahead even if prices fall, given Melbournes prices rose by 3.9 per cent in 2020 and a further 18.6 per cent in 2021. Vendors are very aware of the impending int… [+2965 chars]

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