Here's how Australia's housing market was reshaped by the pandemic

 Australia's housing market has been reshaped dramatically by the pandemic.

The decision to close our cities at the start of the pandemic, to cut interest rates to lows never seen before and to pump the economy with stimulus had a huge impact on property prices.

It led to a new-found popularity for regional areas, and much stronger preferences for detached housing over units.

Government home-buying incentives also changed the composition of buyers, with more first-home buyers entering the market.

Read More: https://www.abc.net.au/news/2022-03-24/six-ways-pandemic-reshaped-australias-housing-market-corelogic/100933182



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