Original article by Su-Lin Tan
The Australian Financial Review – Page: 31 : 19-Oct-15
SQM Research MD Louis Christopher forecasts that Melbourne’s residential property market will be the strongest performer in 2016, with price growth of up to 13 per cent. However, growth in prices across the capital cities is expected to average 3-8 per cent, compared with nine per cent growth in the last year. Christopher expects a slowdown in the Sydney market to dampen growth nationally, although he says a major slump in house prices will not occur.
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SQM RESEARCH PTY LTD, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, WESTPAC BANKING CORPORATION – ASX WBC