Maldives Reserver Vacances

The midpoint of 2011 is here, and there are indications of a weakening Australian economy. How this will affect housing prices across the nation is a hot subject with property analysts, and there is little agreement on how it will impact Sydney prices in particular.

Mark Armstrong is an independent property analyst and advisor who writes the ‘Property Watch’ column in the Sun-Herald. He comments that people who sold a property in 2009 or 2010 probably did pretty well.

“But in the residential property market, like anything else, the good times can’t last forever. The property market is cyclical; that’s what keeps it sustainable.”

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