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BIS Shrapnel: House prices rising

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Australian Broker | 15 Jun 2009, 12:00 AM Agree 0
First home buyers have provided the first green shoots of housing market recovery, but it will be investors that carry the torch in the coming year, predicts BIS Shrapnel.
  • SteveOZ | 16 Jun 2009, 03:56 PM Agree 0
    Time to be careful of Sheeple in Wolves clothing. The property and share markets will make a nice comeback over the next 6 months and then kaboom - BUST big time.
  • Broker | 16 Jun 2009, 05:47 PM Agree 0
    All ords was 3200 in Jan, what's changed , mmm not much, but it's now 4000, be careful I say....property is no different, all a risky business at the moment.

    Still many questions to be answered, which will be over the next 6 -12 months.

    A 20% rise in property , coupled with the current housing affordabilty index, and 8-8.5% unemployment, very hard to imagine me thinks.
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