Property: House values unlikely to double in the next 10 years
People who bought houses in the pandemic are more likely to double their money in the next 10 years, compared with those purchasing now, experts say.
Source: afr.com
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People who bought houses in the pandemic are more likely to double their money in the next 10 years, compared with those purchasing now, experts say.
House prices in the inner suburbs of Sydney and Melbourne recorded large drops in values over the past three months to February as the market slowdown accelerated.
Is this the start of a slowing market?
Despite the recent surge in values, CoreLogic expects house prices in regional Australia to start slowing early this year.
Confident buyers have not let talk of interest rate rises deter them and were out in force at the weekend.