Welcome to this weeks’ Property Law News story.
What will your home or investment property be worth next year? Find out what the experts predict will happen to the market.
“Rising interest rates and housing supply are likely to push Australian home prices lower in 2018, and they won’t rise again until 2021, according to a report by ratings agency Moody’s and housing market analytics business CoreLogic.
Detached housing prices are forecast to rise 5.6 per cent this year, before sliding 0.6 per cent in 2018, dropping another 0.3 per cent in 2019, and stay flat in 2020, according to the CoreLogic-Moody’s Analytics Australian Home Value Index Forecast.”