Westpac has upgraded its housing market forecasts, tipping house prices to lift by a further 5 per cent in the remaining three months of 2021 to be up 22 per cent for the year.
Prices in the major capital cities are already up 17 per cent for the year to September and are tracking for a 1.5 per cent gain in October.
Brisbane’s house prices, already up 19.9 per cent over the last ten months, still has a further 2 per cent to grow before the close of the year, before picking up again by 10 per cent in 2022.
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