hat’s the outlook for the Australian property markets for 2022 and beyond? This is a common question people are asking now that our real estate markets are opening up from the Covid lockdowns.
Despite a sequence of fifteen State or Territory lockdowns so far this year, property prices have been largely unscathed.
Over the past year, Sydney house prices have risen over 24%, Melbourne 15% and Brisbane 20%.
And even though the rate of house price growth is slowing, and our regulator APRA is keen to see the housing markets slow down, property values keep rising in almost every market around the country and our capital cities are in line for strong double-digit property price growth this year.
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https://propertyupdate.com.au/property-predictions-for-2022-revealed/
Article Source; PropertyUpdate.com, Property predictions for 2022 revealed, 2021.
Image source; Mudassir Ali