Sydney has been the best performer in the property sector in 2013, shattering records as it ended the year leading all capital cities in home values. This trend was forecasted to taper off, as experts believed that Sydney has reached its full potential. At the start of this year, Sydney hit 84.4% in clearance rates despite a drop in homes sold.
Demand for properties sold under the hammer is not waning. Only time will tell if Sydney will make an impression this year. So far, it has already exceeded our expectations.
Read more about this on the Property Observer website.