Price Growth the Highest it’s been in 8 Years!

Number of Property Sales Approaching All-Time High

Price growth to Continue

Economy Witnessing Rapid Expansion

These ‘Headlines” are true but you really have to read between the lines to see and understand them.

Instead you get to read,

” The boom time is over for house prices in Sydney and Melbourne, with top economists from our major banks and universities projecting prices will rise by less than 3 per cent across both cities in 2016.” –

http://www.smh.com.au/business/the-economy/businessday-economic-survey-what-will-happen-to-house-prices-in-2016-20160127-gmfolm#ixzz3yslpWtTh

 

price-growth
……  Or if you really want some cheering on the same day’s media you can read

“The latest Sydney weekend auction market results are sobering for both buyers and sellers.”

http://www.domain.com.au/news/lowest-january-auction-results-in-10-years-20160131-gmiayu/

Keep looking and reading and you can clearly see these stories are for local Sydney consumption are both are only discussing the Sydney or the Sydney/Melbourne housing markets.

There are always opportunities somewhere in Australia to make excellent gains in property investment. If you do read between the lines in much of the media we see in Sydney at the moment, the articles often point to the fact that Brisbane is growing! So if you do want to read some more positive commentary on the current housing market, you may have to start reading the Courier Mail or some of the other Queensland –based newspapers.

~ Lime Property Solutions