July 10, 2020

Melbourne’s return to lockdown is set to impact upon property sales nationwide, but there is cause for optimism.

Melbourne’s return to lockdown will likely impact real estate confidence and prices nationwide, according to leading industry figures.

Face-to-face auctions and open for inspections have been banned once again across metropolitan Melbourne, as they were across much of Australia with the onset of the COVID-19 pandemic in March.

But the ways in which the industry adapted and improvised in reaction to those previous challenges and the ones faced again now should give the market reason for optimism.

First National CEO Ray Ellis believes the industry is well prepared for what lies ahead in the six weeks of Melbourne lockdown and beyond.

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