Real Estate Reflections & Projections: Wrapping up 2023 and peering into 2024

If you’re like many Australians, you’re probably wondering what’s ahead for our property markets in 2024.

Clearly, inflation will be with us longer and interest rates will remain higher than we were hoping for, so what does this mean for your property investment plans?

Watch this special Masterclass as Dr. Andrew Wilson and I discuss:

• The main drivers of our housing markets in 2023 and how they are going to be different in 2024.
• How Australia's housing markets are likely to perform in the next few years when inflation will remain higher than the RBA was hoping for meaning interest rates aren’t ready to fall - yet
• Why the next property cycle will be very, very different and why that may change your plans
• What's ahead for rents.
• Dr. Wilson’s proprietary Housing Barometer – where each state is in the property cycle and his forecasts for 2024.

Watch this 35 minute Masterclass as Dr. Andrew Wilson and I discuss:

• The current state of Australia's economy and what's likely to be ahead in 2024
• What could happen to interest rates in 2024 now that inflation is falling around the world

• Our unemployment rate which is likely to rise and the surge in wages, which is not keeping up with inflation.

• How and why the international price of oil will affect our inflation rate in 2024 - and it may not be what you think.

• What's ahead for home building costs and that that means for new developments and how this will affect the value of established properties.

• Our record migration growth that has caused a housing crisis and what the latest government initiatives to curb migration really mean.

• Some clues to future house prices from home lending figures
• How our housing markets performed around Australia in 2023.
• Skyrocketing rental growth in 2023 and what's ahead for 2024.
• A 12 month view of our auction markets
• Why so many so called experts got their housing market forecasts wrong

• Dr. Andrew Wilson's proprietary housing barometer and his State by State forecast for houses and units - you'll have to watch the Masterclass to get these.

About Michael Yardney Michael is the founder of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.