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July 17, 2020 by Venture

Housing market: shaken but not stirred

With Australia in a COVID-induced recession, residential property is not immune to falling economic activity. Yet housing prices are proving surprisingly resilient. Only months ago, economists were forecasting a housing price slump of 20% or more. Now, most have revised their forecasts to price falls of between five and 10%.

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Venture Financial Planning Pty Ltd ABN 62 095 194 559
Authorised Representatives of Godfrey Pembroke Limited ABN 23 002 336 254 Australian Financial Services Licensee
Registered Office 105-153 Miller Street
North Sydney NSW 2060
A member of the National Australia group of companies