Another month of upturn and it seems the memory of the last 18 months is fading – to be put behind us as another cycle of the property market rollercoaster… or is it?
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A solid upturn this month has commentators concerned that a too fast recovery may unbalance the economy in other ways. Several stories on sustainable housing practices also cropped up.
After a year and a half of declining dwelling values, in the second month of an upturn, commentators have already started using the word ‘boom’ to describe the evolving state of the property market. Too soon?
Sydney housing values double their value increase this month, and the construction industry thrashes out new regulations around accountability and flammable cladding.
This month housing values in Sydney poke into positive territory for the first time in 2 years, and insurers are on the cusp of bringing construction to its knees… it’s all happening!
The first real sign that the downturn might be over occurred this month. There is still some way before prices start to increase again, but definitely a step in the right direction
The turning season seems to reflect a turning season in the property market? You decide…
Summer heat is on everyone’s minds at the moment. We look across the real estate news sources to see what people make of it.
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