Is your conveyancing up by 44%? It should be if it is following the NSW statewide trend.
The number of LRS transfers for the combined months of March, April and May 2021 is 44% higher than the equivalent period of the previous year.
It is true that last year (in 2020) the property market had a case of covid. However, it does not change the fact that this year is up by 44%.
Furthermore, if we look back one more year to 2019 we will see that 2021 is up an even greater percentage compared to those three months in 2019. Compared to 2019, it is up by 47%!
While the property market didn’t have covid in 2019 it obviously had other ailments.