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Summer sales turn up heat on luxury property buyers

It’s a hot summer for luxury residential property sales as buyers are pushed to pay record prices during what is usually a market lull for the holiday season.

Agents claim they are being kept busy with inquiries and deals despite only 41 auctions being scheduled for this weekend, which makes it difficult to meaningfully comment about national sales trends.

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Duncan Hughes was a reporter at The Australian Financial Review

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    Original URL: https://www.afr.com/property/residential/summer-sales-turning-up-heat-on-luxury-property-buyers-20210108-p56smr