2023 Real estate industry trend report

2023: a year of recovery.

As 2023 unfolds, property experts are cautiously optimistic that as interest rates plateau, stability will return to the market. The property market faced significant changes in 2022 as mortgage rates rapidly increased, but experts predict that 2023 may bring a more stable market. Buyers are now adjusting to the new norm of rising interest rates and factoring them into their decisions.

In this report, we look at the Australian real estate industry environment and the impact an offshore outsourced team can have on a real estate business.