There is good news within the Real Estate sector for the new year with 2012 closing with the market being in a positive position. Improved housing affordability, low interest rates and consumer confidence are all reasons to believe 2013 will be bigger and better with the Real Estate Market finally on it’s way back up.
A recent article by Australia Associated Press says that “Australian Home buyers are expected to become more active over the next three years as conditions in the property market improve.” (AAP)
It’s good news, with Brisbane being forecast to record one of the highest growths in median house prices over the next three years at 20 per cent.