

House prices to jump over 20 per cent, with further growth next year: ANZ
ANZ has tipped house prices to jump by more than 20 per cent this year, lifting its forecasts despite the lockdowns, off the back of the stronger than expected property market. Property prices are expected to rise 24 per cent in Canberra by year’s end and 23 per cent in Sydney and Hobart, according to the bank’s latest forecasts, released on Wednesday. Gains of 21 per cent and 20 per cent are expected in Brisbane and Melbourne, respectively. ANZ is the latest of the big banks