House prices rise 20% in a year
The threat of rising interest rates (and an actual increase from Westpac Bank) failed to take any of the steam out of the housing market in November when the national median house price hit yet another record, although the number of sales dipped slightly to a still high level.
Thursday, December 18th 2003, 2:07AM
by The Landlord
Real Estate Institute president Graeme Woodley doesn't think rising rates will affect the market much while immigration and a housing shortage in some places continue to support prices.
Read More - Opens in a new window
| « Why Yields Count in Commercial Property | Subdivision marketing under review » |
Special Offers
Commenting is closed
|
|
Printable version |
|
Email to a friend |
