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Property market's strength defies "doom and gloom" predictions

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As the new decade marches on and we get set to enter the second official quarter of 2010, median property market values continue to defy the naysayers who were predicting a rather tumultuous start to the year.

 

In the wake of rising interest rates, constant talk of affordability issues and the end to the first home owner’s bonus in late 2009, many commentators felt that the beginning of this year would see us end up with an over-inflated housing bubble that was destined to burst in a big way.

 

As Residex’s latest figures show however, Australia’s property markets keep growing stronger.

Read on to find out more...

Read this news article on Propertyupdate.com.au.

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