Today, I chat with Ray White’s Chief Economist, Nerida Conisbee, about her 10 predictions for our property markets for 2025
One or two of these may surprise you.
Takeaways
- 2024 was a surprisingly strong year for property markets.
- Interest rates are expected to decrease in 2025.
- Established property values need to increase in value to match construction costs before substantial new construction will commence.
- The luxury market is experiencing a slowdown due to high interest rates.
- Retail properties are showing signs of recovery post-COVID.
- Mortgage brokers are becoming essential in the home buying process.
- Private investors are stepping up in the commercial market.
- Established properties need to increase in value to match construction costs.
- The Gold Coast is emerging as a strong market for luxury properties.
- The commercial lending space is becoming more competitive.
Links and Resources:
Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us
Nerida Conisbee – Chief Economist Ray White
Ray White’s 2025 Property Outlook Report
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