Australia on the cusp of a national real estate boom: Hotspotting's Terry Ryder
Australia is on the cusp of a national real estate boom. And I do emphasise “national”.
We haven’t had a genuine national real estate boom in Australia since the one from 2001 to 2004, when all the major markets experienced strong price rise, writes Terry Ryder, founder of Hotspotting.
We’re starting to see media reacting to the change in sentiment, although well behind the game as usual. Here are some of the headlines from the past week:
- Top End of housing market will lead recovery – The Australian
- Housing bears face extinction as forecasts turn bullish – Financial Review
- Regional house price rises on the way – Financial Review
- House prices bounce in September – ABC News
- Houses emerge stronger over September as Sydney and Melbourne declines soften: Property Observer
- Are we nearing another property boom? – Smart Property Investor
- Victoria set for big summer of sales post-lockdown – Australian Property Investor
- Huge sign the property market is heading up again – Yahoo Finance
This is significant because mainstream media is reluctant to present positive scenarios about the housing market. Source: propertyobserver.com.au