Extraordinary! From AFR today
Sydney house prices are expected to rise as much as 10 per cent this year, propelled by surging migration, a tight rental market and scant housing supply, according Westpac’s latest forecast.
Westpac has significantly upgraded its expectations, tipping dwelling prices to rise 7 per cent nationally this year followed by a further 4 per cent next year.
After notching up 10 per cent this year, Sydney prices are anticipated to gain another 6 per cent in 2024, and 4 per cent in 2025 in Westpac’s revised view. Perth is expected to achieve the second strongest growth, with an 8 per cent gain this year, followed by Brisbane with 6 per cent and Melbourne prices at 4 per cent.
“Australia’s housing market has continued to outperform expectations, particularly with respect to prices,” senior economist Matthew Hassan wrote in his analysis on Monday.
- Forums
- ASX - By Stock
- Half year result guesses
Extraordinary! From AFR todaySydney house prices are expected to...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HLI (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.89 |
Change
-0.010(0.26%) |
Mkt cap ! $1.126B |
Open | High | Low | Value | Volume |
$3.93 | $3.95 | $3.88 | $2.701M | 691.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2857 | $3.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.91 | 2944 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2857 | 3.880 |
3 | 73923 | 3.870 |
2 | 6577 | 3.860 |
4 | 16528 | 3.850 |
2 | 5561 | 3.840 |
Price($) | Vol. | No. |
---|---|---|
3.910 | 1577 | 1 |
3.920 | 1577 | 1 |
3.930 | 1577 | 1 |
3.940 | 1577 | 1 |
3.950 | 4577 | 3 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
HLI (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online