Why blue-chip property values will rebound strongly in 2021

In May, the CBA released its bearish ‘worst case’ forecast for the property market. It predicted a 32% drop in prices! At the time I outlined why I thought that was rubbish and prices would not fall by more than 10%. To date, according to various data sources, property values have not slipped by much more than 2% to 3%, which […]

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Here’s the bank economist’s forecasts for property prices in 2021

Westpac recently released an upbeat forecast for house prices in the next couple of years and just like the CBA has backtracked from it’s more pessimistic outlook and predicts house prices rebounding from mid next year. Westpac expects Brisbane house prices to surge 20 per cent over two years after the market bottoms out in […]

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