PROPERTY PRICE FORECAST - WHAT'S AHEAD IN THE COMING YEAR
What’s ahead for our property markets in the next year or two?
That’s a question people are asking now that our real estate markets have been hit by the Coronavirus crisis.
It wasn’t that long ago that the media was predicting another property boom following the remarkable turn in Australia’s housing markets, with the rebound in house prices considerably stronger than many expected.
After our housing markets bottomed in mid 2019 Melbourne enjoyed it’s strongest property price recovery ever and Sydney property recorded the fastest rebound in decades.
No wonder that those of us interested in property started 2020 full of optimism.