Via Domain:
The residential property market will start to recover from a two-year downturn in the second half of this year with house prices in Sydney to grow 2 per cent by Christmas followed by up to 5 per cent growth in 2020.
According to Domain Group’s latest property price forecast, the only other capital city to see stronger price growth over the next 18 months is Canberra, where prices are expected to grow 2 per cent in the next six months, followed by another 4 to 6 per cent across 2020.