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Property market update: Sydney, April 2021
By Zarah Mae Torrazo
07 May 2021
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1 minute read
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Sydney’s price growth steadied in April, slowing down from the record growth rate seen in the first quarter of 2021. Is the 2021 property market boom reaching its peak?
After a record-breaking first quarter of the year for Sydney property prices, the market seems to have lost some of its steam in April.
Australia’s property market boom slightly cooled during April, as the months-long buildup of pressure due to increased buyer demand and low listings eased with the injection of new stock on the market.