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Australia’s home price growth expected to be ‘brisk’ as recession ends – Domain News

Australian economists and property forecasters predict house prices could rise by as much as 12 per cent in 2021, following news on Wednesday that Australia’s recession…

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Australian economists and property forecasters are predicting faster than expected growth in house prices in 2021, following news on Wednesday that Australias recession was technically over.
Australias economy grew 3.3 per cent in the September quarter, according to the latest gross domestic product (GDP) figures from the ABS.
Economists said the quarterly rise and technical end to the recession, which coincided with the easing of COVID-19-related restrictions, would give Australian consumers and…

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