Australia Price Correction

According to predictions made by Black Brick, an independent property buying agency, Australia could see a price correction taking place. Black Brick have been advising their clients to look towards new markets for their property investments.

The country released its annual Financial Stability Review late last week where the review was dominated by concerns around the housing market. The report showed that a raised level of investor borrowing and activity could intensify the cycle of housing prices and raise the risk of price drops that would be significant later on Botanique at Bartley.

Botanique Bartley Property

Projections by Fitch, a ratings agency, has pointed out that house prices in Australia are expected to see a rise by just 4% for 2015, a figure that is 7% down from 2014. This will make other international markets appear more tempting to those investors looking for the best level of returns.

Due to …

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