No sign of property investors releasing equity yet
No sign of property investors releasing equity yet
5 May 2021
CoreLogic's House Price Index shows nationwide house values increased by 3.1 per cent over April, with annual growth up 16.2 per cent.
Head of research Nick Goodall says it was expected investors may list their property off the back of recently announced government restrictions.
But he says there were fewer properties for sale at the end of the month, compared to the beginning.
Goodall says there's been no sign of any investors trying to get out of the market, because they can't afford it anymore.
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