State-by-state property markets roundup

Posted by Simon Dehne on April 12, 2016 in Latest News with No Comments

housing_bubbleAfter a head spinning 2015, our property markets started 2016 with a bunch of mixed predictions.
Some called a property bubble, while others forecast lower, but continuing capital growth.
Well…the scorecard is in for the first quarter of the year and our property markets slipped down a gear according to Corelogic, with an annual price growth rate of 6.4% over the last 12 months which, while being the slowest growth rate in almost 3 years, is still above Australia’s 10 year average growth rate of 5.%%.

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