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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

11 Apr 2017 (AFR) – Soft landing for Sydney, Melbourne – House prices to plateau by 2020: CoreLogic

(11 April 2017, AFR, p3, by Su-Lin Tan)

‘Sydney and Melbourne house prices will fall marginally between 2018 and 2020 before stagnating, while Perth’s housing market will recover from 2017, the CoreLogic-Moody’s Analytics Australian Home Value Index Forecast forecasts. The new econometric forecast which started in 2016 and projects home values across the country over the next 10 years using CoreLogic’s monthly Home Value Indices, shows Sydney’s detached house price will rise about…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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