The start of a new year heralds fresh beginnings. While the Gold Coast property market emerged relatively unscathed from the chaos of 2019, a clean slate is a welcome relief.

While the Gold Coast property market emerged relatively unscathed from the chaos of 2019, a clean slate is a welcome relief.

Property experts have dusted off their crystal balls to tell us what they think the next year has in store.

“I think 2020 will be a continuation of what we’ve seen in the past six months with stock levels drying up in the prestige market. The lack of supply is putting pressure on pricing. As interest rates remain low, fewer people are wanting or needing to sell and that seems to be the catalyst for the market conditions we’ve seen. It’s been strong and I think it will continue to have a slow and steady growth.” – Michael Kollosche, Kollosche Director.

Read the full article here: https://www.realestate.com.au/news/gold-coast-property-market-predictions-for-2020/

 

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