Real Estate Forecast For Next Five Years Australia. There is a shortage of 6.8 million housing units. By propertyology head of research and reia hall of famer, simon pressley.
Residential property prices rose 23.7% through 2021, meaning that the collective value of the wealth of property owners increased by $2 trillion in just one year alone! Australia’s residential markets showed remarkable resilience over the course of 2020. 2021 was a landmark year for property growth in australia… so what is the property forecast for 2022?
Seattle Housing Market Forecast, Real Estate and Home Value Pridecition
What that rate of growth could cause House prices will see another price surge. Mortgage rates will go beyond 6%. 2019 really has been one of contradictions for australian real estate.