CBA doubles
property price target for 2020
The bank is
now forecasting the national dwelling price to rise by 6.1 per cent by the end
of 2020 - about twice the amount it was predicting back in July. Nov 19
Fin Review
Home values
in Australia's biggest cities are on course to record up to 14 per cent growth
in 2020
low mortgage rates and easier lending standards unleash buyer demand.
But analysts warn that worsening housing affordability and more homes on the
market could cut the bull
run
short.
While the usual suspects will lead the charge – CoreLogic
sees Perth (6 per cent) and Brisbane (10 per cent) are expected to come
out of the doldrums. If Brisbane lives up to these expectations it would post
its strongest performance since 2007. Dec
19 Fin Review