CoreLogic reported this was the largest jump in property prices since August 2003.
AMP Capital are expecting prices to rise even further in March and are predicting the nation could see the largest monthly gain in property prices since the 1980s. Record low interest rates set by the Reserve Bank are contributing to the spike in prices.
Terrible situation.
Hows many times did News Corp blame Asian and other foreigners for inflating the local housing market? That excuse doesn't exist any more.
But TheGimpOfGoldstien TimWilson is happy for people to dip into their SUPER which in turn INCREASES the Housing Market Price. MERIT Mr0Credibility
God the libs really need to get out so I can have a hope of affording a house
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