Business
House prices will boom again next year, according to Westpac, making Australia’s cities less affordable. Here’s how each capital is predicted to fare. – Business Insider Australia
Sky-high Australian property prices are not only set to live another day, they’re bound to go higher still, the country’s second-biggest bank predicts.
- Westpac has updated its property forecasts, expecting a serious boom in the coming years.
- The bank’s economists expect prices to fall nationwide by just 2.3% more to June before booming to 2023.
- Fuelled by low-interest rates and record economic support, chief economist Bill Evans and Matthew Hassan expect some capital cities to boom by as much as 20%.
- Visit Business Insider Australia’s homepage for more stories.
Sky-high Australian property prices are n…
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