Thu, Nov 27, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Asia Pacific, Research, Residential property Watch more

Housing market healthy - but prices will slip, ANZ says

Posted on 31 January 2012

Home prices will continue to weaken - but only because of subdued sentiment by buyers rather than fundamental problems in the market, according to a report on the health of the sector. ANZ analysis suggests that home prices should continue to ‘‘drift sideways to slightly lower through 2012’’ as buyers’ attitudes towards housing remain cautious in the year ahead.
‘‘Economic fundamentals suggest this weaker momentum is being driven mainly by a shift in market sentiment rather than any significant forced liquidation of housing due to financial stress,’’ ANZ senior economist David Cannington writes in the report published today………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930