17 Feb Australian house prices on the upswing again
Key Points:
- Expect average Australian home prices to rise 5-10% this year and next as ultra-low interest rates and economic recovery feed through.
- However, the outlook is divergent – with houses expected to outperform units and smaller cities and regional property expected to play catch up.
- The drivers of the long-term property bull market may start to wane over the next 3-5 years.
