After a very long run of patchy weather it looks like the sun has come out over the Sydney residential property market with new forecasts predicting Sydney will out-perform all other major markets over the next three years. “A sizeable deficiency [of stock] and improved affordability due to lower interest rates appear to be finally having an impact on Sydney residential prices, with the rate of price growth expected to strengthen”, says BIS Shrapnel in their latest edition of Residential Property Prospects. …and you know what they say about making hay while the sun shines!
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AuthorAn ongoing collection of thoughts, opinions, observations and recommendations by long time property analyst and commentator Brett Johnson. Archives
November 2017
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