Cielo condos price list . The real estate market in Australia and Canada. For a long time, the Australian and Canadian property markets have been favored by Chinese buyers, and although the property markets in these places have not yet fluctuated violently, they also seem to be going through a “tough period”.Please Visit: Cielo condos price list to Get Your VVIP Registration Today!
Rising house prices have been a headache for the Australian government in the past, forcing regulators to urge banks to tighten lending standards and warn about the possibility of falling house prices. The Australian government recently ordered the auction of a number of houses illegally bought by foreign investors in response to public dissatisfaction with foreign buyers pushing up local house prices. According to data released by real estate information agency CoreLogic, Australian house prices rose by an average of 10.9% in 2016, the biggest increase since 2009.
However, the “cooling” of the local property market is coming, causing concern among some investors.
According to overseas media reports, CoreLogic data show that as buyers leave, sellers begin to exit, and the number of homes listed for sale in Sydney fell by 25 per cent in January compared with the same period a year earlier. Some auctioneers commissioned to sell local properties in Sydney had to put away their mallets because they did not have a single bidder. Amy Reynolds, a strategist at Apt Capital, said higher interest rates and a decline in foreign investors were the most likely causes of a fall in Australian house prices in the future.
Some analysts said that the sharp decline in the number of foreign buyers, especially Chinese buyers, has become a major concern after the Australian government tightened restrictions on foreign loans. In addition, the surge in the number of real estate agents and the arrival of new online brokers are also seen as a reverse sign that the market is overheating.