Momentum is expected to build in the luxury housing market this Easter, with analysts saying cashed-up investors will start shifting their money from the sharemarket into property. To view our latest listings Click Here.
CoreLogic research analyst Cameron Kusher expects more sales and price growth across Easter, with lower interest rates stoking demand for property.
“It’s the wealth effect of rising prices across the market,” he says. “People that used to not fit within this market now feel like they can fit in this marketplace and that is driving the increase in demand. The only thing that could slow it is a lack of stock.”
“The Reserve Bank is saying it is a shaky economic position so I think that’s an environment where we will get some flattening out of shares and in that world you go for liquidity. You don’t want to hold cash and you don’t want to sit with shares moving sideways, so it could be a springboard for luxury sales.” For the complete article from The Australian Click Here.
Interested in selling or seeking an indication on price for your home?
Click on this link to view our Recent Sales and be sure your dealing with a capable team.
MPM is celebrating 10 years of successful business, click on this link to meet the team.
Phone: (07) 5514 5514
Fax: (07) 5514 5500
1/318 Olsen Avenue,
Queensland, Australia 4214
Monday to Friday
8:30am to 5:00pm
Weekends by appointment