Another bank boosted it’s property forecasts – 20% price increase expected over 2021 & 2022

Westpac has lifted its forecast for dwelling prices with 10% gains now expected in both 2021 and 2022. The bank then expects this boom to be followed by a flattening out in 2023 as rising fixed-term interest rates, combined with prudential measures aimed at reining in the associated lift in leverage. These headwinds are not … Continue reading Another bank boosted it’s property forecasts – 20% price increase expected over 2021 & 2022