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House Prices Keep Rising: Why & Will it Last?

Author
Redom Syed
Published
Mon 26 Jun 2023
Episode Link
None

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The housing market is in a state of paradox. Interest rates keep going up.  But house prices keep rising.

We ask WHY?

Will it last?  What is going on driving this strong rebound.  Where specifically do the risks lie?

The key points we unpack:

·     Rents are insane – near 60% UP in asking rents in 3 years

·     Employment is very strong

·     Listing levels are very low

The headwinds that may slow the market down:

·     880k fixed rate expiries are occurring

·     20-30% of households are experiencing negative cash flow

·     Investors are selling off

·     Employment market turns

 


 

Reach out to us at www.australianpropertytalk.com.au

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