How can I speak with Capital Property Advisory?
You can request a complimentary consultation with a CPA adviser to discuss your property goals and next steps.
CAPITAL PROPERTY ADVISORY | NATIONAL BUYER'S AGENCY
Housing Outlook to Improve in 2020
Housing Outlook to Improve in 2020 29 May 2019 Matthew Hughes Article by Su-Lin Tan | Source: Australian Financial Review May 28, 2019 House prices will stop falling in the second half of 2019, HSBC says, as the bounce in auction activity last week continues to drive up housing sentiments. In a note on Tuesday, HSBC says the exuberance in auction trading last week – on the back of post-election confidence and APRA’s signal to make borrowing cheaper – is a sign the housing market is starting to stabilise. The orderly housing correction thus far also bodes well for an impending recovery. “Most impressive, is how orderly the housing market correction has been so far. Despite a significant fall in housing prices, there have been few signs of distressed sales and loan arrears have remained low,” HSBC chief economist, Australia, NZ & Global Commodities Paul Bloxham said. “This has largely reflected that the jobs market has remained strong, but also that household debt had been well allocated.” Additionally, consumer sentiment surveys also indicate households are looking to return to the market. A cash rate cut – expected next Tuesday – along with an expectation of a rise in household inc
Article by Su-Lin Tan | Source: Australian Financial Review May 28, 2019 House prices… Read Article