After a tough 2010, 2011 is not looking much better for the housing market.
As 2010 draws to a close, and after the tumultuous year that has been, there’s plenty of speculation — and not a little concern or fear — about what may be in store for the property market in 2011.
It’s only natural, considering how differently the year ended compared to the way it started.
Interest rates, supply, sentiment and prices shifted radically in 2010 — in turn, radically shifting market conditions — and they’ll continue to have a big role in how the 2011 market unfolds.
– Click here for the rest of the article (Source: Sydney Morning Herald Website)