Author
Gerv Tacadena is a journalist writing for Your Mortgage and Your Investment Property, which are part of the Savings Media Group. With a keen interest in the mortgage industry and housing market, he aims to help inform and educate Australians on the latest property news and updates.
The self-isolation measures and the ban on public gatherings have continued to take their toll on the auction market, but buyer demand has remained high, particularly for reasonably-priced homes, according to the latest market report from CoreLogic.
In response to the social distancing measures amid the COVID-19 outbreak, CoreLogic has launched a new tool that allows property valuers to assess and inspect homes remotely.
Property prices in Australia are expected to increase when uncertainties surrounding the COVID-19 outbreak start to dissipate, said Michael Yardney, director at Metropole Property Strategist.