It seems everybody I bump into has an opinion on our property markets. They’re reading all the news, and while some believe our property markets are going to perform well moving forward, there are still many property pessimists who believe high inflation and interest rates and affordability challenges will lead to a housing market collapse….
If you’re like me you enjoy your coffee. But did you know that coffee, one of the most popular beverages, is called, prepared, served and consumed differently around the world? Many countries in the world have coffee intertwined with their tradition and culture. Coffee consumption is almost always associated with social interaction, and every country…
Want to know what’s happening to the housing markets around Australia? Well… this monthly collection of charts from CoreLogic paints an interesting picture. This year’s spring selling season proved less successful for sellers than last year’s with overall sales volumes 4% lower than the historic average, according to CoreLogic’s Housing Chart Pack for December which assessed…
Millennials, born between 1982 and 1999, are the most scrutinised generation in recent history, often misunderstood and unfairly labelled as entitled or lazy. In reality, Millennials have grown up in a world of unprecedented technological change, economic shifts, and evolving social norms, all of which have shaped their values, behaviours, and aspirations. As Australia’s largest…
In this episode of Michael Yardney Podcast I’m joined by Brett Warren to challenge a common belief many beginning property investors hold: that those who bought into the market 20 years ago had it easy. It’s a complaint I hear often—‘If only I had bought back then, property was so affordable.’ But what if we…
Each generation enters the stage with a unique set of traits, influenced by the societal shifts, technological advancements, and economic climates of their formative years. Generation Z (Gen Z), the youngest cohort currently stepping into adulthood and the workforce is no different. Born between the early 2000s and the late 2010s, this group has been…
It was only a couple of months ago that most economists were certain the Reserve Bank would cut interest rates by February 2025 at the latest; now most are suggesting the first rate cut won’t come until May and possibly later. Last week, the latest monthly CPI indicator was released, showing headline inflation has remained…
CoreLogic’s national Home Value Index (HVI) rose by just 0.1% in the last month of spring, the weakest Australia-wide result since January 2023. This marks the 22nd straight month of growth in this cycle. The mid-sized capitals, Perth Adelaide and Brisbane, which have dominated the growth cycle of late are losing steam and the downturn…
Our real estate markets have surprised many on the upside this year– especially considering high interest rate environment, but what lies ahead for our real estate markets now? That’s what we discuss in today’s show Looking back at how previous property cycles played out, I delved back into my memory to see what lessons I…
What’s the outlook for the Australian property markets for 2025? Have interest rates peaked and when will they start coming down or will the RBA raise rates again in 2025 because of stubbornly high inflation? Will affordability issues cause a round of distressed sales and price falls or even a property market crash in 2025? …