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Anamosa is a city located in Iowa. With an average listing price of $146,130, home prices in Anamosa dropped by 1.8 percent this year, but the marginal decline did little to the overall market. At the same time, inventory decreased slightly year-over-year ...


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PROPERTY values are soaring in traditionally static regional areas as prices in once booming Sydney suburbs flatten or inch down. Key Sydney suburbs to dodge real estate price slowdown Aidan Devine29 Oct 2017 New South Wales news The forecast is continued growth for southern Sydney suburb Cronulla PROPERTY values are soaring in traditionally static regional areas as prices in once booming Sydney suburbs flatten or inch down. The shift has given home buyers a better shot at getting a foothold on Sydney’s property ladder, says real estate mogul John McGrath, but there are better capital growth prospects outside the city. The McGrath Estate Agents founder revealed in his company’s annual property report that regional NSW and Sydney were operating at different gearsRegional markets were stronger because exhausted buyers were seeking cheaper alternatives to Sydney’s stiff prices, he said. However select lifestyle suburbs would likely defy the slowdown in Sydney, including Cronulla, Haberfield, Cammeray, Breakfast Point and Forestville The Sydney suburb of Cammeray, Sydney Prices would rise in these areas because of low supply coupled with strong demand and, in some cases, improving infrastructure, the McGrath report said. Increased demand was also pushing up prices in Sydney’s satellite cities, already outpacing the Harbour City. Wollongong’s median house grew 15.5 per cent in the year to July, while Newcastle’s rose 13 per cent — both eclipsing the 7.2 per cent growth in Sydney, CoreLogic data showed. Mr McGrath said regional NSW would continue to record strong growth because there was still a considerable gap in pricing. “The value gap between (Sydney) and the rest of the country is too wide in my view,” Mr McGrath said. The Sydney suburb of Breakfast Point “I believe the gap is likely to close somewhat over the next few years (but) it will not be because of a major correction of values in Sydney.” The celebrity real estate agent said pockets of Sydney would likely record minor drops in value of 3-6 per cent but population growth, a strong economy and low interest rates would insulate the market from a crash. “Sydney is taking a breather and that’s a huge positive for the market, not just for buyersHomeowners can now sell knowing prices won’t keep going up,” Mr McGrath said. Sutherland Shire residents Steve and Sue Davis agreed with the forecast of continued growth in CronullaThe couple bought a ground-floor unit in nearby Woolooware Bay “We love that beach feel, to go and walk along the esplanade on a Saturday nightIt’s a total lifestyle thing,” Mrs Davis said New South Wales news What to watch next 04 Apr 2018 Home hunters warned buy now or risk price rise 01 Apr 2018 Inside Sydney’s first underwater house 29 Mar 2018 Mid-century modern marvel You might like 10 Apr 2018 DA approved Wyong site for sale 10 Apr 2018 Being square pays off 10 Apr 2018 Transforming Sydney’s dumps 10 Apr 2018 Should I stay or should I go? 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