While inflation has implications for housing demand, housing itself influences inflation. By understanding how inflation and housing fit together, the market outlook for the year ahead becomes a little clearer. ABS figures showed the highest annual rate of inflation in June 2022 in almost 32 years. As we head into the new financial year, annual inflation is…
For the first time in 11 years, the RBA increased rates and we’re still expecting them to increase sharply over the rest of 2022. We already know that there’s a slowdown in-home price growth in part due to affordability issues, concerns with overseas geopolitical tensions, an upcoming election, and rising inflation, but no doubt exacerbated…
The Reserve Bank of Australia is under increasing pressure to raise the cash rate after headline and underlying inflation posted a stronger than expected result in Q1. Concerns about the impact of inflation and potentially rapidly rising interest rates on the property market abound, but a myriad of micro and macro factors should be considered…
We know the once in a generation of property boom Australia experienced last year is now over. But what’s really happening to property values now? The new PropTrack Home Price Index, released this month, reveals trends in price growth across the country. In a recent article Proptrack economist, Paul Ryan explained what’s happening on the…
Our rental markets are on the move. CoreLogic’s recently released Quarterly Rental Review shows the national rental index increased 1% over the month of March and 2.6% over the March quarter. Continuing the trend seen since the onset of the pandemic, regional dwelling rents outpaced growth in capital city dwelling rents over the quarter, with…
The global pandemic has catalysed remarkable shifts in the Australian housing market. From the temporary shutdown of cities to an unprecedented monetary policy strategy, the new-found popularity of regional and low-density housing preferences, and the introduction of various government home-buying incentives, the COVID period has had distinct impacts on the composition of buyers and the…
Maybe interest rates will move up earlier than I first expected RBA Governor Lowe seems to have changed his views when he spoke on Recent Economic Developments at the AFR Business Summit. Lowe said Australia’s envious economic performance through the final months of 2021 has collided with natural disasters and the unpredictable impact of Russia’s…
Is this continued media cycle of mixed messages leaving you feeling a little confused? Well, standby. From the people that bought you the 40% house drop, the job keeper and mortgage cliffs and the last one out of the Cities turn the light off, comes… Reverse migration as sea and tree changes head back to…
Another week, another fresh take on where the housing market is going. This time it’s from the ANZ, which expects overall house prices in Australia to increase by 8 per cent this year, up from its earlier forecast of 6 per cent. However, the bank is now expecting larger house price falls across the capitals…
We are moving into the next stage of the property cycle. After just over a year of very strong property price growth, where the value of many properties around Australia increased by more than 20%, our real estate markets are now facing some headwinds. Affordability is starting to price some buyers out of the market…
