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Summer sales turn up heat on luxury property buyers

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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 is a Walkley award-winning personal finance reporter, based in our Melbourne newsroom. Connect with Duncan on Twitter. Email Duncan at duhughes@afr.com.au

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