Pain of recession not lasting for property prices
Home values have historically bounced back strongly following recessions, with new analysis from the Property Investment Professionals of Australia likely to provide significant comfort for investors.
Australian home values have been historically resilient despite significant economic headwinds. Photo: Shutterstock (Image source: Shutterstock.com)
Home values have historically bounced back strongly following recessions, with new analysis from the Property Investment Professionals of Australia likely to provide significant comfort for investors.
In some cases. median house prices increased by as much as 100 per cent in the five years following the most recent recessions in Australia, according to PIPA’s research.
PIPA chairman Peter Koulizos analysed annual median house price data for sev…
