75% of Australian property buyers and sellers faced challenges, with 21% concerned about prices and 14% struggling to find properties, according to InfoTrack's report.

75% of Australian property buyers and sellers faced challenges in the market, with 21% concerned about prices and 14% struggling to find properties, according to InfoTrack's State of Real Estate report. The property shortage has led to 30% of buyers using a buyer's agent. Despite rising interest rates affecting 62% of respondents, 38% reported no impact. Home price growth has slowed in some cities, with total dwelling approvals in June decreasing by 6.5%.

August 03, 2024
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