The Age
·general
·3 hours ago
The Sydney neighbourhoods where home buyers can get the biggest discounts
New data shows home discounting in Sydney has risen, with 10.7 percent of houses in the Inner City selling below listing prices in the past six months. Domain’s chief economist Dr. Nicola Powell noted that buyer leverage is increasing as the market slows, prompting vendors to lower prices to secure sales. The trend suggests rising supply amid falling demand.
Summary by Glance · The Age
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