Why House Prices are Climbing, Even in a Recession
Across the ‘rich world’ dwelling prices have risen an average of 5% in the last twelve months, despite the recession.
Across the ‘rich world’ dwelling prices have risen an average of 5% in the last twelve months, despite the recession.
Analysis of last week’s property market data reveals that Melbourne property buyers are slowly returning to the market as Melbourne eases it’s way out of Stage 4 restrictions.
Brisbane luxury properties have flown to the top of the nation’s property charts.
Six out of Australia’s eight capital cities saw residential property market prices grow in September, the latest CoreLogic home value index reveals.
September marked a striking turn in housing market sentiment, consumer confidence increased, new listings rose, and six of the eight capital cities recorded a rise in home values over the month.
Speaking at the AFR Property Summit, multiple property market experts stated that real estate markets are set to emerge relatively unscathed from the pandemic due to high demand and government support.