nab expects house prices to fall for next year, page-6

  1. 11,875 Posts.
    " If I posted the story as Perth to rise 3% - 4% would you agree that the story is accurate."

    no not at all,

    the median in Perth should continue to fall I think, not because its a weak market out here... not at all, but because the turnover is growing much faster away from the coast compared to the overpriced coastal areas

    the big estates with a lot of activity are away from the coast now. there are big estates on the coast still but turnover would be anaemic in comparison.

    so i think the average will hold the median will continue to fall


    most people who come to WA from elsewhere come here to make money not squander it


 
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