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
WA Projects set to bring in Billions
WA’s economy is looking promising with over 50 new projects set to bring in billions, with WA looking at...
Scarborough’s $120 million Woolworths tower project
Scarborough is set to receive even more investment with a planned $120 million-dollar redevelopment of Scarborough’s White Sands Tavern...
Hamilton Hill Slab is Down
We here at Griffin are very excited to see the first concrete slab being layed down on our Hamilton...
WA land sales hit highest mark since 2009 boom
Land sales have hit their highest point since the mining construction boom in 2009 according to recent data collected...
Australia retains its AAA rating
Great news for Australia as it retains its AAA sovereign credit rating alongside just nine other countries through the...
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...
CoreLogic Report | November
CoreLogic’s recent data has been released. See the summary for November below: CoreLogic’s national Home Value Index surged 1.7%...
WESTPAC PREDICT 15% SURGE IN HOUSE PRICES
House prices are set to bottom out by June 2021 before bouncing up by 15% according to Westpac’s economic...
WA props up the nation after $200 billion black hole unveiling
WA has once again helped in keeping the nation afloat with its mining investment being one of the only...
COMMONWEALTH BANK FORECASTS HOUSE PRICE BOOM
The housing market is said to be “on the cusp of a boom” with record low mortgage rates now...