Sydney and Melbourne dwelling prices are forecast to drive the nation’s housing market bounce back next year.
SQM Research tips Sydney could rise between 10 to 14 per cent and Melbourne 11 to 15 per cent over 2020.
The latest Housing Boom and Bust Report expects most of Australia’s capital cities to record dwelling price rises over next year, as a result of the RBA’s interest rate cuts, a relaxing of credit restrictions and Australia’s ongoing strong population growth rate.
Read the full article published by The Urban Developer HERE on 14 November 2019.
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