Some green shoots of recovery have appeared in the Regional NSW market after a year in which the market steadily declined in many locations.

While locations classified as rising markets continue to be scarce, there are significant numbers of locations which have maintained consistent sales activity through the downturn period – and meaningful numbers of locations which have recently reversed the previous decline in their sales activity.

At the same time, there remain a number of locations which have been in decline for the past year or longer.

And plateau markets, those where sales activity has tapered off and settled at levels below the previous peaks, continue to be the biggest cohort in the Regional NSW market.