Knight Franks Liam Bailey: Real Estate Stays The Preferred Asset Class For Ultra-wealthy Individuals
Improving housing sentiment has fuelled sturdy rebound in home and unit values in the major capital cities. Valuers are predicting home prices to extend nationwide over the following 12 months, led by Sydney, Perth and Adelaide. And over within the rental market, it’s “The Hunger Games,” as rents skyrocket and would-be renters in cities throughout the country compete with dozens of different candidates. The frenzied setting we had turn into accustomed to — with its eye-popping worth will increase and bidding wars that left buyers dejected and sellers giddy — suddenly Real Estate News appeared to be a thing of…