House prices could drop up to 20% as lockdown grinds property sector to a halt - Bryan Biehler

Bryan Biehler of Huizemark says the industry is on freeze frame as most of the supply chain remains on lockdown until stage 3. Even if the ruling for the industry can be brought forward to stage 4, technology and skill sets currently employed by the industry are ill prepared for the new normal. The result is a potential drop of up to 20% in house prices and 30% of agents losing their jobs. - Vanessa Marks