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Property prices forecast to continue rising in 2015
- September 19, 2014
- Posted by: admin
- Category: Australian Dollar, Budget, Buying at Auction, Enconomy, Finance News, Financial goals, House prices, Inflation, Investment Property, Property Renovation, Self Managed Super Funds, Wealth
No CommentsPrices in Australia’s eight capital cities still have room to move over the coming 12 months. The forecast an average price rise of five to nine per cent, assuming the official cash rate stayed at 2.5 per cent, the economy remained steady and the Australia dollar remained above US$0.85. In this scenario, Sydney would continue to