Homeowners $30,000 better off than 12m ago

Reports RP Data here. On average homeowners are $30,000 better off than in June 2012 reports the article.

In Darwin they are $56,600 better off, in Perth more than $50,000, in Sydney more than $46,000, in Melbourne $31,000, in Hobart $16,000 and in Canberra $29,000.

An awkward result for the Don't Buy Now campaign which advised first homebuyers to stay out of the property market in February 2012, stating that buyers should wait until prices fell by 15-20% before buying.

No comments:

Post a Comment