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March 2013

2013 Property Outlook, The Year of the Snake

With the Chinese world recently welcoming in 2013 as the Year of the Snake, I thought it a fitting comparison to draw of the property forecast for the year ahead. The global property market has certainly receded into hibernation over the last few years however I am tipping 2013 to be the year that the Perth property market strikes back; much like the fiery reptile which marks 2013 on the Chinese calendar.Australian Property Monitors’ annual State of the Market Report recently tipped Perth house prices to increase between 5 and 7 per cent in 2013. This figure far outperformed the …

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