Perth home prices tipped to recover

Growth in Perth’s housing market within the next six months has been foreshadowed in a report compiled by CoreLogic RP Data and ratings agency Moody’s.


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No way the Perth prices will grow over the next few years as all economic and demographic variables are pointing towards a slump. High job losses and negative net migration into Perth.

Where are the job losses expected to be over the next few years Tiffany? The job losses have already occurred and data is pointing to a decrease in unemployment. The data also showed there was less housing supply due to increased migration.

Obviously this commentator got it terribly wrong as he tried to talk up the market the 6 months ago. It was never going to go up in this depressed market.

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