Ray White Now | February 2022 | Page 9

STATE OF THE STATES CAPITAL CITIES

The pandemic has resulted in the strongest house price growth conditions ever recorded . But 2022 is starting to feel a bit different . COVID-19 continues to rage but the days of frequent lockdowns are now over as we look to a way to live with it long term . The first set of finance restrictions have now been put in place and although interest rates may or may not rise this year , there is a realisation that an increase may happen sooner than initially anticipated . Finally , this year we will also have a federal election where affordability is set to be a major focus . Here ’ s our take on what 2022 holds for each capital city .
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