The Adelaide property market remains 'strong and steady' after the COVID-19 boom

Adelaide house prices remain "strong" despite repeated interest rate hikes and the end of the COVID-19 real estate boom that resulted in major market dips in Melbourne and Sydney, experts say.

Eclipse Real Estate director Michael Virscariello said the Adelaide market "boomed" during the pandemic, but had slowed over the last six months with repeated Reserve Bank rate rises.

"The last few months, we have seen lower buyer activity but still strong prices," he said.

"With the last interest rate rise not being as significant as experts had first thought, we had seen an uptake in buyer inquiries.

Read More: https://www.abc.net.au/news/2022-10-15/adelaide-real-estate-market-remains-strong/101539868