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House prices headed for fall and inner city apartments to increase

Wed, 2008-04-09 19:00 — investor

House prices are headed for a fall according to a news.com.au article which claims Sydney house prices could fall by as much as 30 per cent in the next two years, economists say.

On the other hand a media release from forecaster BIS Shrapnel is predicting growth over the coming years for inner city apartments in Sydney.

Andrew Donnelly of Branxton Chase today commented on residential vacancy rates across Melbourne which have been falling consistently over the past year and are now sitting at record lows.

Comments

Sat, 2008-04-19 18:57 — Anonymous

I agree with BIS Sharpnel..I

I agree with BIS Sharpnel..I have a few properties in the inner city region and lucky for me they are booming..

The next Reserve Bank of Australia media release following the RBA board meeting will be,
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