Sydney leads the charge as national property prices rise
Property prices in Australia have risen for the first time in 10 months, fuelled by growth in the major state capitals.
Sydney's upper echelon, including suburbs such as Manly (pictured), has helped push property prices higher nationally. (Image source: Shutterstock.com)
Signs are emerging that the property market may be turning a corner earlier than was widely expected, with national property prices rising by 0.6 per cent in March.
Property forecasters’
widely circulated expectations that dwelling values would continue to slide until later this year, when the cycle of interest rate hikes was tipped to end, may have been overly pessimistic.In the facing of diminishing supply and increasing migration from overs…
