2005 Predictions
Posted
@ Dec 1st 2004 12:25pm
- By GCPN Property Network
The New Year is traditionally a time when predictions are made about the year ahead. A recent survey of Australian economists showed the majority now believe interest rates will remain steady in early 2005, with the possibility of a rate rise late in the year.
As for the property market, economists say the market is returning to sound fundamentals with better rental yields for investors and good buying opportunities in areas where employment growth is fuelling demand
.