Original article by Ingrid Fuary-Wagner
The Australian Financial Review – Page: 30 : 29-Nov-18
Domain economist Trent Wiltshire is upbeat about the residential property market in Perth, forecasting a five per cent increase in house prices during 2019. He cites factors such as a growing economy, a rising population, the development of new mines in the state and stronger commodity prices. Domain also forecasts that house prices in Melbourne will decline by one per cent in 2019 and Sydney prices will remain flat; prices in both cities are then tipped to rise by four per cent in 2020.
DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA, RESERVE BANK OF AUSTRALIA, SQM RESEARCH PTY LTD, QBE INSURANCE GROUP LIMITED – ASX QBE, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY