Mon, Sep 15, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Emerging Trends, Finance, Residential property Watch more

Australian home prices set for modest gain, Westpac, NAB say

Posted on 10 April 2013

Australian home prices will see a modest improvement as consumers remain conservative about their level of indebtedness, Westpac Banking Corp. (WBC) and National Australia Bank Ltd. (NAB) forecast.
“We’re not looking for another huge surge in prices or activity that we saw in, say 2009, or that we saw in 2001,” Bill Evans, chief economist at Westpac, said at the Bloomberg Australia Economic Summit in Sydney today. “The housing market will improve but it won’t improve to the point that people are becoming over-leveraged or we’d start to see real issues in our loan book.”……………………………………….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
September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930