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Prestige property prices tipped to rise through 2021: Knight Frank forecast – Domain News
In this segment of the market, property prices are forecast to keep rising, fuelled by strong demand from local and expat buyers for the few homes for sale.
Prestige property prices are tipped to keep rising throughout 2021, fuelled by strong demand from local buyers, new research predicts.
Low interest rates and government stimulus are also set to underpin price rises for prime property, that is, the top 5 per cent of each market by value, according to Knight Franks Prime Global Forecast for 2021.
It comes as Australias health and economic circumstances recover from the depths of the COVID-19 crisis, and vaccine trials show promising results, which…
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