Property optimism in spite of coronavirus

House Prices

Source: AAP

Australia's housing market has suffered its first decline in median house prices since June 2019, but the latest CoreLogic's home value index, showing a 0.4 per cent drop, is being viewed as market resilience.


While there are fears over what may happen when government's stimulus measures end, there is still industry support and Chinese interest.

As Australia tackles its economic recovery from coronavirus restrictions, there are signs from overseas buyers that property investment is perceived as worthwhile.

 


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