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Property market update: Perth, January 2021 - Vimarsana News

Property market update: Perth, January 2021

Property market update: Perth, January 2021 By Zarah Mae Torrazo 19 February 2021 | 1 minute read SHARE Things are looking up for Perth in 2021. The WA capital’s property market is forecast to deliver double-digit growth this year, driven by an ongoing recovery in the base commodities market.  According to the Housing Boom and Bust Report 2021, released by SQM Research, the rise in dwelling prices in 2021 will be the result of the previous year’s aggressive government stimulus, interest rate cuts and the upcoming changes to responsible lending laws.  Advertisement Advertisement Perth ...

Property market update: Melbourne, January 2021 - Vimarsana News

Property market update: Melbourne, January 2021

Property market update: Melbourne, January 2021 By Zarah Mae Torrazo 11 February 2021 | 1 minute read SHARE Australia’s economy is recovering faster than anticipated and it seems Victoria is leading the way. In the last quarter of 2020, Australia’s property market showed signs of rebounding after being slowed down by the lockdowns put in place to combat the coronavirus pandemic, which triggered an expected economic recession. Deloitte Access Economics forecasts that Australia will expand by 4.4 per cent this year.  Property markets kicked off the year with a strong showing, with some ex...