March 20, 2010

Coastal Properties Expected to Perform in 2010

Cameron Kusher, senior research analyst with rpdata.com, asserts that although fewer 'sea changers' and retirees caused coastal markets to under-perform throughout 2009, rpdata.com expects that these coastal markets will notch up strong performance in 2010.

"Many factors are contributing to a more confident market including lower unemployment rate, strong consumer and business confidence and still lower-than-average interest rates.”

"The renewed confidence should see demand pick up in lifestyle regions and as a result prices should begin to strengthen.”

Full article: http://www.nmddata.com.au/newsletter/2010-03/03.html

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