Two-thirds of investors had judged conditions likely to strengthen when PIPA surveyed them in 2020, so the price growth that followed was no surprise, the Surf Coast Times reported. Interest in regional markets rose to 22 per cent from 15 per cent a year earlier, and coastal locations to almost 12 per cent from 8 per cent. PIPA chair Peter Koulizos noted more than $6 billion in new investor loans in December.
Reported by
Dean Webster, Surf Coast Times, 11 March 2021
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