The property market leading into 2017
/According to CoreLogic and NAB house price growth remains strong in NSW and particularly in Sydney. Reducing interest rates and market sentiment point to short term price appreciation but by mid 2017 we should see the effects of the record construction boom impacting property prices.
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Loanscape has today released its Borrowing Capacity Index for Q4/2024. It confirms the forecast trend that borrowing capacities of Australian individuals and families are recovering from their low levels which coincided with the last of the recent increases to borrowing rates initiated by the Reserve Bank of Australia.