APM’s December 2012 State of the Market Report says “Canberra’s housing market proved particularly resilient in 2011 with median house prices down by just -1.7% over the year to October – a nation-leading performance. Canberra is set to record increases in home buyer activity as economic growth fuels increased public service activity in the national capital. A chronic undersupply of housing will drive prices growth through 2012 and expect this to be around 5% by year’s end.” Let The Home Loan Company do the work for you. We will compare home loans and find the right mortgage finance.

According to APM, “Brisbane was the worst performer of all capital city markets in 2011 with median house prices down nearly 7% over the year ending October. A significant contributing factor were the devastating floods experienced in January 2011. The Brisbane housing market is set to revive in 2012 off the back of the Queensland resources boom. Dwelling shortages, population increases, rising incomes and the improvement in confidence should contribute to a recovery in buyer activity. Brisbane has the clear potential of double digit growth in median house prices over 2012.” The Home Loan Company can help you find the right home loan.

APM’s Dec report says “Melbourne’s housing market will struggle for growth in 2012 as the construction sector struggles to find replacement work following the abatement of the new apartment boom of 2010 and 2011. An oversupply of apartment stock looms, which will keep a lid on rental growth and subsequent investor activity in what is already the most tenant-friendly capital city rental market.” Talk to us at The Home Loan Company and we can help you get the right mortgage finance.

According to research by APM, “Sydney has performed best of the capital cities in 2011 with median house prices relatively stable – not surprising considering its underlying lack of housing and associated costly rental market. Sydney provides a solid prospect for median house price growth of up to 5 percent in 2012. This growth will come mainly through the lower and middle band suburbs as buyers seek to maximise choices in a market characterised by chronic shortages of accommodation and Australia’s tightest capital city rental market.”

According to the Australian Property Monitors State of the Market Report in December 2011, “after falling by -4.2% over the year to October 2011, national median house prices should recover to rise between 3 to 5 % over 2012. Demand for housing is also set to intensify in 2012 which will see housing markets reenergised, albeit at different levels. Capital city markets with direct exposure to the resources sector can be expected to record significant growth in house prices over the year. Increased investor activity, particularly from self-managed superannuation funds, is also set to have an impact on housing markets in 2012 as sustained prices growth becomes evident. 2012 is set to be a year of recovery for most Australian housing markets. Australia’s economy is set to grow at above trend by 4% in 2012 according to the OECD, driven by record levels of investment in the resources sector particularly in Western Australia and Queensland. With interest rates at an all time low, if you haven’t already done so you should be making sure you have the best deal. It’s easy if we do it for you. Happy New Year and we look forward to the opportunity of working with you.