Rising house prices across Australia are expected to continue as owner-occupier’s rush to take advantage of record-low interest rates and government incentives. Sydney residential prices, which have already surpassed the 2017 peak, are expected to rise 19 percent this year. While Perth house prices are also predicted to rise 19 percent, followed by Hobart (18 percent), Melbourne, Brisbane, and Darwin (16 percent), and Adelaide (13 percent), according to ANZ research. In a post written on Twitter, ANZ Research said: “We now expect Australia’s #house prices to rise 17% across the capital cities in 2021, with a combination of strong demand and low supply pushing prices sharply higher.” A drastic increase from the previously forecasted 9 percent rise and much higher than the Commonwealth Bank’s prediction of 14 percent growth over the next two years. ANZ senior economists Felicity Emmett and Adelaide Timbrell believe that the increase in prices reflects the commitment …