Has Sydney’s property market already fallen by 10%, and what could happen next? In the latest edition of Ewan’s Hot Take, Morton Real Estate Managing Director Ewan Morton shares his perspective on current market conditions, highlighting the impact of inflation, interest rates and ongoing cost of living pressures on buyer and seller behaviour. While some believe the recent downturn is only temporary, Ewan discusses why he expects softer market conditions to continue throughout the remainder of the year.
For buyers, however, a changing market may present new opportunities. With increased negotiation power and more realistic pricing expectations emerging, Ewan explains why now could be one of the most favourable times to enter the market. Watch the full video to hear his insights on where Sydney property prices may be heading and what it means for anyone considering buying or selling in today’s market.