Sydney house prices set to top $1 million again

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Sydney house prices set to top $1 million again | Jess_Irvine

Sydney house owners are set to become millionaires again in February, mortgages allowing.

But a combination of interest rate cuts and an easing of loan serviceability tests reignited Sydney's property market in the second half of 2019.The Sydney Morning Herald In December alone, prices gained a little over 1.5 per cent. This was a slight slowing in the pace of price growth from November's 2.7 per cent monthly gain, which was the fastest rate of growth since records began in the 1980s."What was probably slowing that rate of growth down a little bit was we did start seeing a bit more stock, giving buyers a bit more choice."

The return of Sydney freestanding house values to above the million dollar mark will happen sooner still, Mr Lawless predicted.

 

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Jess_Irvine Ridiculous article given the state in which people are currently in, struggling or fighter off a dangerous threat Shame on you

Jess_Irvine Is that the cost of rebuilding people's lives who have lost everything in the fires. ScottyfromMarketing

Jess_Irvine Because they’re the only ones in the state not burning?

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