The coming year will be a big for the residential property market in Brisbane and across Australia, with many professional forecasts and expert opinions leaning towards only a small increase in the Brisbane property market while Sydney and Melbourne will see a slight decrease.
Interest rates are likely to remain unchanged while mortgage rates are expected to keep rising. Being a homeowner is definitely the ultimate Australian dream – with the aforementioned factors, house prices to gradually slow down and stabilise, first home buyers will likely make a comeback.
Below are some articles concerning the outlook for the property market trend in 2018;
2018 is definitely shaping up to be an interesting year for everyone in the property market. If you are purchasing a house or unit book a Building and Pest Inspection to be completed with plenty of time before your contract becomes unconditional.