Property, like all investments, has its ups and downs.
With prices falling across most of Brisbane in the recent quarter it can be easy to panic. Fortunately for investors though, this downturn is predicted to be merely a “blip” on charts, with prices expected to rise again for a strong finish to the 2019 year.
This article outlines how prices have travelled recently, and why economists are saying that conditions look favourable for price growth in the immediate future.
If you’re a prospective buyer the good news is you may be able to take advantage of this blip. On the other hand, if you’re a seller you may want to hold off until prices strengthen again. As always, make sure you’re talking to the right people about your own situation so you can make the best decision for yourself, regardless of what the general market is doing.
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