According to RP Data-Rismark, “Home values across capital cities rose 9.8% over the 12 months to December 31, 2013.” It is clear that 10% of the house prices increase. RBA’s decision to remain the interest rate is 25 basis points triggered the boom. More expensive market, more consumer confidence and higher prices of all properties are factors why the market recovers so fast. Will RBA’s decision remains the same? Will interest rate become steadier? Will 2014 be a better year for housing marker?


Tags: 2014