reiq COVID News

Date: May 22nd 2020
From Reiq Covid News!

there’s now light at the end of the COVID-19 pandemic. It’s extremely pleasing to see the Queensland property market has ‘weathered the storm’

With the State Government releasing its three-step plan of easing restrictions over the next three months, there’s now light at the end of the COVID-19 pandemic. It’s extremely pleasing to see the Queensland property market has ‘weathered the storm’ and remained relatively stable. Prices have continued to rise month on month albeit minimally. Rental vacancy rates are tight or healthy across large parts of the State. Consumer sentiment has continued to increase for the last six consecutive weeks. Auctions numbers are now on the upswing since last weekend’s reintroduction into real estate. Even stock markets have performed positively for the first time this week. It’s important we recognise the factors currently at play which all have impacts upon the property market. Positive impacts at the moment,