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House prices to rise up to $160k in two years: CBA – Yahoo Finance Australia

Here’s how much values could increase in Australia’s capital cities.

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Australian house prices are set to soar. Here’s how they’ll grow in your city. Images: Getty
Australias house prices will surge 16 per cent within two years as the country approaches a housing boom, a Commonwealth Bank economist has said.
House prices will rise 9 per cent in 2021 and 7 per cent in 2022, Commonwealth Banks head of Australian economics Gareth Aird said in a note to clients this week.
The negative impact that COVID-19 had on Australian property prices turned out to be much more muted…

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