We’re expecting a full year growth rate for Australian property for 2013 will end up at around 8.5% to 9% – quite a difference to last year when housing recorded a decline of 0.4%.
Find out more in this video:
Novembers data has revealed that dwelling values have risen by 0.1%, hardly moved over the month.
This is following a 6.9% surge in the previous five months. Australian capital city dwelling values have moved 8.3% higher over the first eleven months of the year and it is looking unlikely that capital gains will reach double digit growth territory by the end of the calendar year.
Thank you for your support and for tuning into our monthly housing market updates. Have a very happy festive season and we wish you all the best in 2014. Stay tuned next year for our regular updates and reports.
SUBSCRIBE & DON'T MISS A SINGLE EPISODE OF MICHAEL YARDNEY'S PODCAST
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
NEED HELP LISTENING TO MICHAEL YARDNEY'S PODCAST FROM YOUR PHONE OR TABLET?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
PREFER TO SUBSCRIBE VIA EMAIL?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.