“Very strong” growth tipped for Aussie housing market

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A bunch of forecasts have been released predicting strong house price growth, driven by Sydney and Melbourne.

First, global realtor Savills expects Sydney’s high-end market to lead the world in house price growth in 2020:

Savills predicted Sydney’s prime market will grow between 6 and 7.9 per cent, putting it in the top band of global performers…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.