House price growth to slow: Stockland


While home prices rose 10 per cent in the year to June, according to the Australian Bureau of Statistics, Mr Steinert expects that pace will slow to about one per cent, in real terms. "We don't expect the rate of price increases we've seen in the last 12 months to continue at that rate," he said on Monday. "But overall, we're constructive on real estate markets more broadly and think that will underpin our business.

Read more here: Business Spectator


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