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Whiteboard – Quarterly Report October 2013

By Nicholas MacIntyre

There is a Spring in the Market.

Not only has the weather been great lately but the future is also looking rosy for current property owners with big movements in the median house price in Sydney putting pressure on prices locally.With prices having increased across the board by 7% in the last 12 months, and up

to 39% in some suburbs, and stock levels falling by 30% at the same time, it is a given that prices will continue to rise in the near future. Predictions are that current trends will continue in NSW for some time with a chronic lack of………………

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