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1.Market Observations, 8.Was Sticky

29 Aug 2019 (AFR) – Sydney, Melbourne ‘set for double-digit growth’

(29 August 2019, AFR, p33, Nila Sweeney, Reporter)

Property clearance rate and change in asking price (SQM Research, Select Residential Property, AFR)

Property clearance rate and change in asking price (SQM Research, Select Residential Property, AFR)

Sydney and Melbourne are on course to achieve double-digit residential price growth as early as next year, even without the boost of another rate cut, an analyst predicts. The growth momentum that has been building in both cities since May’s federal election is accelerating, says Louis Christopher, managing director of SQM Research.’

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

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