Perth's housing market is still lagging behind — and it will take more than a rate cut to fix things

Discussion in 'Property Market Economics' started by Gen-Y, 1st Oct, 2019.

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  1. Bombers86

    Bombers86 Well-Known Member

    Joined:
    19th Oct, 2015
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    VIC
    Corelogic also showing a monthly increase as is SQM Research data. I still stick to my previous comments that I believe we have now seen the bottom of the Perth market. With the economy improving on the back of greater mining investment and general consumer confidence, lower vacancy rates, increased rental prices and increased population growth which is trending up PLUS another rate cut or two.. Perth could see a quick upswing once people start realising the value that's on offer.
     
    Bombers86, 30th Nov, 2019
    #61
    Damo93, Citycat88, Codie and 6 others like this.
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