What’s ahead for our property markets for the rest of 2021?
That’s a common question being asked now that our property markets have been booming for quite some time.
And that’s the question I’m going to ask Dr. Andrew Wilson, Australia’s leading housing economist in today’s show.
You’ll also hear his thoughts on what’s ahead for the rental markets, is inflation on the rebound, and should we be locking in on interest rates with the speculation that interest rates are going to rise?
Now you probably know that every week I record a Property Insiders video with Dr. Wilson where we give you our thoughts and commentary on the property market and our economy, and today’s podcast is the audio of last week's video show.
You’ll hear Dr. Wilson and I explain how our property markets have been bounding along this year.
Buyers are still out in force – owner-occupiers, investors, and first home buyers – at a time when available supply is struggling to keep up, keeping pushes prices higher.
In fact, a number of capital city property markets are already showing double-digit capital growth this year.
Listen in as we discuss:
- What’s ahead for our property markets for the balance of this year.
- What happening in our auction markets as they give a good “in time indicator” of what’s happening on the ground.
- How our rental markets have turned around and vacancies are falling causing rents to rise.
- Why Dr. Wilson doesn’t believe we’ll get sufficiently high inflation to raise interest rates for some time, and…
- Why some banks are recommending customers lock in their interest rates and why he doesn’t think it’s a good idea.
Guest: Dr. Andrew Wilson, chief economist of My Housing Market
Metropole’s Strategic Property Plan – to help both beginning and experienced investors
Subscribe to my weekly Property Insider video with Dr. Andrew Wilson here- www.PropertyInsiders.info
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