Adelaide’s resilient property market
May 22, 2020
Promising news for Adelaide despite COVID-19 fears of an economic decline as new research from Property Investment Professionals of Australia indicates house prices bounce back within a few years after market recessions and downturns.
“The moral of the story is don’t panic. Property has shown its resilience through economic shocks before and we have no reason to expect it won’t do so again,” said PIPA chairman Peter Koulizos.
Click here to read the full article from Realestate.com.au
Read Our Other Articles
NATIONAL HOUSING PRICES SPIKE BEATS THE MARKET
Sydney house prices could yet again rise for the June quarter as vendors lift their asking prices faster than...
4 reasons Australia may have a sharp but short recession.
Below are four main reasons Peter Switzer, Founder of Swtizer Financial Group believes Australia’s future economy could give way...
Retail is on the rise for WA
WA’s retail industry has officially had its strongest quarter of growth in over 6 years thanks to families fleeing...
Perth’s housing affordability – the best it’s been in years
Perth has one of the most affordable property markets of any capital city in Australia. A decline in housing...
204 Walcott Landscaping Underway
It is time to get excited as landscape works for our boutique apartment complex 204 Walcott have officially commenced....
Reside on Money Low Carbon Footprint
We were excited to see our upcoming ‘Reside on Money’ development located in the heart of Northbridge featured in...
“Royal Hotel” Perth landmark restored
A piece of Perth’s history was finally unveiled last Friday with the grand re-opening of the restored “Royal Hotel”...
Breathing new life into Perth
The Metropolitan Redevelopment Authority, often referred to as the MRA, is the delivery arm of the State Government’s planning...
PERTH HOUSING CRISIS
WA is facing a shortage of about 20,000 homes within four years, with fears this will keep local house...
Home values remain stable with anticipated quick recovery.
Data from the April Home Value Index presented by CoreLogic shows that though there has been a notable decline...