CoreLogic: House prices to slow in 2020

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Via CoreLogic comes the 2020 outlook for property:

Housing prices are likely to trend higher through the year. At a broad level, we expect dwelling values to trend higher in 2020, however at a reduced pace of growth relative to the second half of 2019.

Factors that will propel values higher include the stimulatory effect of lower interest rates, a lift in investment activity and an undersupply of new housing.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.