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
Shanghai and Perth economic boom
Shanghai and Perth have developed immensely over the decades and former premier Colin Barnett has expressed that we can...
$100B WORTH OF PROJECTS SPARKS WORKFORCE FEARS
It looks like WA is on the verge of a jobs boom according to the State’s peak business group,...
Statistics indicate increased confidence in WA’s property market
More good news for WA’s property market with fresh data from the ANZ/Property Council Survey revealing that confidence is...
Return of consumer confidence in Australia
“The return of consumer confidence, high household savings, and a decline in the number of people on JobSeeker are...
204 Walcott Landscaping Underway
It is time to get excited as landscape works for our boutique apartment complex 204 Walcott have officially commenced....
APRA finally relaxes loan serviceability conditions
Potential home buyers will be able to breathe a little bit easier after APRA’s (The Australian Prudential Regulatory Authority)...
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...
WA HOT PROPERTY BOOM TO LAST YEARS
Experts are signalling WA property prices are tipped to continue rising for several years, with the sector sitting in...
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...
THE REVIVAL OF THE HOUSING MARKET
The uncertain COVID-19 induced housing correction may be coming to an end for all cities except Melbourne and potentially...