2012 Market Update from CEO
Janusz Hooker, CEO of LJ Hooker, sees 2012 presenting good buying opportunities for Australian families and investors.
Home owners are now feeling the benefits from the November and December 2011 cuts to interest rates, and we see this and potential future cuts attracting investor-buyers who wish to take advantage of currently well-priced property.
Consumer confidence has increased and will be evident in 2012.
We expect to see more investors coming back to the market as rental returns continue to strengthen.
It is a good opportunity to buy well priced property.