Articles by Andrew Wilson

Andrew Wilson

Dr Andrew Wilson is Australia’s leading housing market expert. As senior economist for Fairfax-owned Domain Group, Dr Wilson is one of the nation’s most respected real estate analysts and Australia’s highest profile housing market commentator. Visit his blog at Domain

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This is what is really driving our housing markets

It’s the surge in migration that drives our housing markets and economies. Net migration is a key short term driver of new housing demand and general housing market activity with latest ABS population data revealing continuing strong results for both Victoria and New South Wales. The sum of net overseas and net interstate migration for each…

trends 2017

2017 Property Market Forecasts

There is a weaker year ahead for our housing markets. Australian capital city housing markets have generally ended 2016 on a positive note with lower interest rates and resurgent investor activity supporting rising buyer and seller activity over the second half of the year. Sydney and Melbourne remain the standout performers driven by surging migration,…

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Sydney and Melbourne still booming as spring house prices surge

Robust market conditions continue to drive house price growth in most capital cities with Melbourne and Sydney leading the pack with more boom-time results.  Latest Domain market intelligence reports that the national median house price increased by 3.7 percent over the three months ending November to a new record spring high of $774,799. The national…

home spring

Auction markets heat up over spring

Home auction market spring activity continues to build with most capitals recording strengthening conditions over October. Sydney, Melbourne, Adelaide and Canberra each recorded strong mid-spring clearance rates with most results up on the levels reported over the previous month. With the exception of Brisbane, results were also significantly higher than those reported over the same…


Boom resurges in Sydney and Melbourne but other capitals down

A clear two-speed housing market emerged over the September quarter with house prices in Melbourne and Sydney now growing strongly at their fastest rates in over a year to new record levels. Prices in most other capitals however fell over the quarter reflecting the significant differential impact of local supply and demand factors. Lower interest…

first home buyers

Queensland first home buyers rising – but NSW well down

Queensland first home buyer activity continues to rise reflecting the clear local affordability advantages enjoyed by this group compared to most other states. The ABS reports that the number of loans approved to first home buyers in Queensland over August soared by 14.0 percent to 1828 compared to the 1603 approved over the previous month….