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Property price growth expected to surge in 2021

Property price growth is expected to rise between ten and seventeen percent as owner-occupiers look to take advantage of record-low interest rates, according to Realestate.com.au’s Ian Healy.

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House prices have risen 7.4 percent in the past year despite the global pandemic, with all four central banks predicting the trend will continue in 2021.

New home sales surged almost 40 percent in the March quarter compared to the same period last year as Australians sought to take advantage of the federal government’s HomeBuilder grants scheme. Mr Healy told Sky News that while the HomeBuilder scheme is ending, the banks still expect prices to surge.

Molly Aronson

Molly Aronson is a 26-year-old government politician who enjoys bowling, running and jigsaw puzzles. She is creative and exciting, but can also be very greedy and a bit greedy.She is an australian Christian who defines herself as straight. She has a post-graduate degree in philosophy, politics and economics. She is allergic to grasshoppers.

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