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The suburbs turning into buyers’ markets as listings pile up

Nila Sweeney
Nila SweeneyReporter

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The spring selling season will kick off as early as next month across Sydney as vendors scramble to get ahead of any potential downturn in demand if interest rates increase again, real estate agents say.

Thomas McGlynn, chief executive of real estate agency BresicWhitney, said many sellers were worried about the impact of another rate rise on prices and were keen to sell before the peak home buying season officially began in September.

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Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au

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    Original URL: https://www.afr.com/property/residential/the-suburbs-turning-into-buyers-markets-as-listings-pile-up-20240716-p5ju74