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Property market update: Perth, January 2021
By Zarah Mae Torrazo
19 February 2021
|
1 minute read
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Things are looking up for Perth in 2021.
The WA capital’s property market is forecast to deliver double-digit growth this year, driven by an ongoing recovery in the base commodities market.
According to the
Housing Boom and Bust Report 2021, released by SQM Research, the rise in dwelling prices in 2021 will be the result of the previous year’s aggressive government stimulus, interest rate cuts and the upcoming changes to responsible lending laws.
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Perth started the year on a steady footing, with housing values recording solid gains. Will it continue its strong performance throughout the year?