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Monitor the Australian Residential Property Market

Sydney House Prices Continue to Climb

Monday 15th March 2010

Home buyers are being urged to enter the Sydney market now with prices expected to surge further in the remainder of the year after better-than-expected gains at the start of the 2010 driven by explosive rises in the Inner West, Eastern Suburbs and Lower North Shore.

Henry Wilkinson, principal of Sydney-based buyers agent and property consultant Homesearch Solutions, says people should be buying now, rather than waiting. “We’re advising our clients to buy early this year rather than later,” he said. “We’re just seeing no sign of any change – unless there’s some world economic difficulty that comes from left of field. If fundamentals stay the way they are we’re expecting a very strong year in growth of greater than 10 per cent.” [More]

Tags: Confidence, Demand, House Prices, Investor, Price, Sydney

Other News

BUNDALL 4217 Property Sales Figures

June 2010 (Interim Release)

* Index Price based in 1994 on Sales Data available in the Postcode 4217

Property Sales in BUNDALL April 2010 - June 2010

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