SQM founder predicts the Sydney house price will soar 18 percent in the next following year
A report from SQM Research announced that the Sydney house price has already increased 17.1 percent since last year.
At the same time, SQM Research managing director Louis Christopher also predicts a bullish Sydney housing market, with forecasts of 11 to 16 percent for the 2017 calendar year – potentially stronger than the results seen in 2016. However, if the interest falls down 25 percent, the Sydney house price would rise 13 to 18 percent. In contrast, if the interest rate soars 25 percent, the Sydney house price would increase relatively slow about 8 to 13 percent.