AUSTRALIA: Confidence in real estate market sours among industry workers


PHOTO: Real estate professionals have become less optimistic about the future.

AGENTS and other real estate workers can usually be relied on for an optimistic view of the property market — but even they are starting to entertain doubts.

Expectations of growth in property prices have a hit a five-year low among NSW real estate professionals following a dramatic slowdown in Sydney’s housing market over the past year.


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