EXPERTS PREDICT HOUSE PRICES WILL GROW IN 2021
December 1, 2020
Experts predict Perth will have the nation’s biggest property boom in 2021, only months after warnings of economic collapse due COVID-19 lockdowns.
Economists have predicted that Perth house prices will grow by 12%, a figure WA hasn’t experienced since the big mining boom in 2010.
The ANZ Housing: a strong 2021 report stated that “House prices are turning higher, helped by lower interest rates, substantial government stimulus and a bounce in confidence as the second wave of the pandemic comes under control,”.
Click below to read the full article:
Read Our Other Articles
Australia standout performer from IMF’s bleak pandemic picture
The recession caused by the COVID-19 pandemic has caused a worldwide recession far deeper than expected but Australia is...
Energy efficiency and why you should go 6 stars
If you are looking for a home where you will slash your energy bills and have a future-proofed investment,...
Property prices boom in Melbourne and Sydney
Developers have been pushed to start bidding for housing project sites again as property prices have increased by a...
7 reasons why WA is well positioned to bounce back from COVID-19
Finance Minister Mathias Cormann believes the WA economy will economically bounce back from COVID-19 pandemic for seven key reasons....
Househunters flocking to the city of Adelaide
The city of Adelaide is the state’s most sought-after location in South Australia with 943 property sales recently recorded...
Australia set to cash in on Brazil iron ore mine closure
Australia’s big iron ore miners are set to benefit immensely on surging iron ore prices as Brazil’s Vale mine...
INTEREST RATES SLASHED TO RECORD LOW
The Reserve Bank of Australia have cut interest rates to a record low of 0.10% – a dramatic shift...
WA set for $4.5 million over the next three years in GST top-up deal
Federal Treasurer Josh Frydenberg and WA Treasurer Ben Wyatt finalised a deal this week which will see Western Australia...
Another boost to WA’s mining sector
Today we welcome more good news for WA’s economy with another boost for our mining industry. Fortescue Metals Group...
$245 million to kickstart CBD
COVID-19 is continuing to wreak havoc across the world but the City of Perth staff have proposed a $245...