‘THIS ONE WILL TEST US – QLD PROPERTY INDUSTRY RESPONDS TO DELTA LOCKDOWN

THE Queensland property market will ‘come back with a vengeance’ after pausing to ensure it complies with government directives to reduce the spread of the Covid-19 Delta variant, the state’s peak industry body says, but there are unknowns in the weeks ahead.

“This one will test us,” Real Estate Institute of Queensland CEO, Antonia Mercorella said.

“The point of this lockdown is to try to get on top of this so we don’t end up with a situation like what we’ve seen rolling out in New South Wales.”

Under the lockdown arrangements which began last Saturday, onsite auctions across South East Queensland are once again banned, with all being conducted via online platforms such as GAVL and Auction Now, while home inspections are restricted to one person with an agent if they cannot be shown through virtually.

To read what the lockdown means for you and your home