Three rate cuts this year have clearly lit a fire under our property markets.

Affordability has improved, confidence is back, and the spring selling season is heating up.

It’s not just houses making gains - unit prices have now risen for eight straight months. Brisbane and Adelaide are leading the charge, while Melbourne is quietly staging a comeback.

Today I'm joined by Dr Andrew Wilson, and we’ll dig into the latest numbers.

And to help you get clarity amongst the many mixed messages in today's housing markets, we're going to discuss what's driving our housing markets, and will this continue now that the RBA is likely to put rate cuts on hold for a while.

 

Takeaways 

·         Affordability in property markets has improved significantly.

·         Confidence is returning to the property market, leading to increased sales.

·         Investors should look for areas with strong fundamentals for future growth.

·         Successful property investment requires strategic advice and education.

·         The current market is characterized by a fear of missing out (FOMO) among buyers.

·         Interest rate cuts have contributed to market momentum.

·         Regional markets like Brisbane and Darwin are showing strong growth.

·         Economic factors such as low unemployment and retail sales are supporting the housing market.

·         The spring selling season is expected to drive further price increases.

·         It's not too late to invest in property, but timing and asset choice are crucial.

 

 

Chapters 

01:22 - National House Prices Keep Rising for Seven Months Straight 

05:15 - Brisbane, Darwin and Adelaide Lead Quarterly Growth 

09:09 - Unit Markets Strengthen, Brisbane Up Nearly 50% in Two Years 

11:42 - Inflation Pressures Return as Energy Subsidies Wind Back 

13:02 - Spring Selling Season and Melbourne’s Prestige Market Revival

Links and Resources:

 

Answer this week’s trivia question here- www.PropertyTrivia.com.au

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Get a bundle of eBooks and Reports at www.PodcastBonus.com.au

 

Ge