New data reveals national sales jumped 62% in Q1 2023

Led by sales volume doubling in both NSW and the ACT, new figures from InfoTrack points to a market bounce back.

According to InfoTrack’s head of property, Australia, Lee Bailie, the results for the debut quarter of the new year indicated transactions weathered a slow start to the year to encouragingly return to levels experienced in October and November 2022.

Leading the national rebound, the ACT reported a 130 per cent rise in sales from January to March, followed by NSW, where the figures jumped 109 per cent.

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