From McGrathmaggeddon:
Sydney’s once red-hot housing market is likely to see prices plateau or fall up to 5 per cent next year, though if there were a spike in interest rates we could see a “double digit” correction, according to veteran real estate agent John McGrath.
Speaking ahead of the release of the group’s annual market report, Mr McGrath told The Weekend Australian that any further surge in prices for Sydney would create an unhealthy market.
