PRDnationwide Australian Economic and Property Report 2016
Welcome to our Australian Economic and Property Report 2016, prepared and released during the final stages of the Federal Government election campaign.
2015 was an exciting year, full of many firsts (for example the double rates cut in the 1st half of 2015) and a series of multi-million (some even multi-billion) dollar residential and mixed residential/commercial projects planned for construction.
2015 closed with a highly divergent property trend, with many capital and regional markets reaching peak of the market yet others at declining stages of the market.
2016 seems to be determined to compete with 2015, with the 1st half for 2016 jam-packed with events that has led a divergent property market to one that is somewhat polarising.
Read the full report to find out more.