Property prices still strong in some cities, despite cooling market

Posted by Simon Dehne on November 3, 2015 in Latest News with No Comments

Real estate are raising. Positive chart

New forecasts by the National Australia Bank (NAB) have discovered that despite the national housing market losing steam, some individual states are posting respectable price growths.

Alan Oster, chief economist for the NAB Group, noted that the overall national figures obscured some of the more positive individual performances across individual state markets.
NAB Economics estimated that the average national house price growth would hit 9.1% over 2015, which is much higher than previously expected.

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