Real Estate Industry admits 2013 was awful, promises 2014 will be better

johnboy 18 December 2013 2

The Financial Review is doing some serious cheerleading for Canberra property prices.

After a year of cherry picking numbers to say things are OK there is finally in hindsight a recognition that the last year was not good.

But never fear! Cherry picking the numbers again we can promise happy times are here again in 2014!


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2 Responses to Real Estate Industry admits 2013 was awful, promises 2014 will be better
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HiddenDragon HiddenDragon 7:05 pm 18 Dec 13

After reading this, all those cashed-up Chinese buyers will doubtless be turning their attention from Sydney to Canberra……..

arescarti42 arescarti42 1:24 pm 18 Dec 13

“We’re in one of those periods when accountants say don’t buy a home, but it’s exactly the time to buy a home,” Real Estate Institute of the ACT President Michael Kumm says.

If there’s one thing you can count on, it’s that if you ask a real estate agent when the best time to buy is, it’s always now.

Forget about the last 3 years of falling real prices, a glut of supply, looming massive job losses and the advice of financial professionals, NOW IS THE TIME TO BUY!

It also shows desperate the mainstream print media are to appease their real estate advertising overlords nowadays. Pathetic.

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