Will “Cheaper” Property Attract More Buyers, Or Will Prices Fall Some More?

We are at an interesting inflection point in the Australian property market, with housing affordability perhaps easing just a tad, even as more supply is coming, at a time when interest rates are expected to still go higher. Demand remains quite strong, supported by still strong migration, but the data is still sending conflicting signals about what is really happening on the ground. More of that tomorrow with Edwin on our weekly property rant. Today we look at the latest data from prices, auctions, and interest rate expectations. Westpac came out saying they expect another two interest rate rises from the […]