Home News Big bank lifts housing outlook
Card image cap

Big bank lifts housing outlook




Steven Byerley


Major bank joins others in a more optimistic outlook for house prices By Steven Byerley Westpac has revised its forecast for national house price inflation to 7% for the year 2023, aligning with the optimistic outlook shared by the Commonwealth Bank and National Australia Bank. 

This update comes after Westpac initially predicted a stable housing market for the same period in April, The Australian reported. The new forecast from Westpac is further bolstered by expectations of a 4% price rise in 2024.

Click here to view original web page at www.mpamag.com

Read Article