A very interesting market update from ANZ
Some points I noted:
> Fundamentals support a cautiously optimistic medium term house price view
> An investment boom underway in Australia mainly in resources and infrastructure
> At the start of a multi year upswing in commercial property
> Office and industrial commercial markets are particularly well placed
> Affordability has improved and is similar to the mid 1980's
Some points I noted:
> Fundamentals support a cautiously optimistic medium term house price view
> An investment boom underway in Australia mainly in resources and infrastructure
> At the start of a multi year upswing in commercial property
> Office and industrial commercial markets are particularly well placed
> Affordability has improved and is similar to the mid 1980's