Although 2020 was not a great year for the economy and the world in general, the real estate market absolutely boomed towards the end of the year. Buying a house is still an excellent investment, and interest rates are the lowest they have been in a long time. Experts predicted that in 2020, there could be a drop of as much as 30% in the Australian housing market. However, Australia and New Zealand have instead both received a surge of interest both from home buyers and sellers, creating a lively start to 2021 for realtors. Currently, many people are seizing the opportunity to downsize, upsize, or move to a