Improving housing sentiment has fuelled robust rebound in house and unit values within the major capital cities. Valuers are predicting home prices to increase nationwide over the next 12 months, led by Sydney, Perth and Adelaide. And over within the rental market, it’s “The Hunger Games,” as rents skyrocket and would-be renters in cities across the nation compete with dozens of other applicants. The frenzied environment we had become accustomed to — with its eye-popping value increases and bidding wars that left buyers dejected and sellers giddy — abruptly Real Estate News appeared to be a thing of the past. While patrons stood on the sidelines, recalculating their much larger mortgage funds, sellers began to understand that gives of $100,000 or more over asking might not be forthcoming. The urbanization of cities outdoors of the National Capital Region has brought upon elevated demand in numerous residential segments, notably in vertical …
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