How about we look forward and take a look at what a few experts are predicting about the year ahead. Will 2013 be the year of record low interest rates? Increased demand for housing in affordable areas? Will we see the higher end of the property market start to lift?
Predictions are what they are, only predictions. We will all have to wait and see what the year 2013 brings.
In the meantime we have enjoyed reading the The 10 insights into the 2013 property market: What, why, when and where to look by Larry Schlesinger in todays Property Observer. From the people who know the business of property there are some really interesting and worthwhile points to note about the year ahead.
We are especially interested in the following insight from Craig D'Costa of Sekisui House....
"The housing industry is forecasting NSW to achieve a modest increase in housing starts for 2013, this comes of the back of government led stimulus for new home buyers with substantial saving in stamp duty and grants.
Wishing you all a safe christmas and happy start to the new year.