Adelaide home prices to grow moderately in 2019-2020: Domain

Adelaide home prices to grow moderately in 2019-2020: Domain
Adelaide home prices to grow moderately in 2019-2020: Domain

Adelaide house prices are to increase by 2% in 2018 and then to grow by about 2% in each of the next two years, according to the latest Domain forecasts.

They believe this modest growth will continue as part of the trend of slow but steady growth over the past few years.

Adelaide home prices to grow moderately in 2019-2020: Domain

Source: Domain

Domain has also forecast that Adelaide unit prices will fall slightly in 2018 and then grow by about 2% in 2019 and 2020.

"Adelaide’s slow and steady property price growth will continue, driven by slow population growth and slowing employment growth," Domain Economist Trent Wiltshire said.

Adelaide home prices to grow moderately in 2019-2020: Domain

Source: Domain

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Adelaide home prices to grow moderately in 2019-2020: Domain

Click here to enlarge.

Adelaide home prices to grow moderately in 2019-2020: Domain

Tags: 
Adelaide Property Markets

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