Westpac have revised their outlook for the outlook for dwelling values for the balance of this property cycle. Back in February Westpac was one of the first of the banks to do an about face an at that time boldly predicted a 20% increase in values over 2021 and 2022. Since then all the other…

What’s the outlook for the Australian property markets for the rest of 2021 and beyond? This is a common question people are asking now that our real estate markets are up and running again. Westpac have recently revised their outlook for the outlook for dwelling values for the balance of this property cycle. Back in…

Our housing markets are cooling rapidly as lockdown restrictions and wavering confidence sidelines buyers and sellers in most capitals. Is this the beginning of the end of this cycle, or just a reaction to Covid related lockdowns? That’s one of the questions I’m going to ask Dr. Andrew Wilson, chief economist of My Housing Market…

Last week a prospective client asked me a very good question. They asked whether I have data that shows what investment returns my clients have generated. Whilst this sounds like a logical question, my response was that not only did I not have this data[1], but it also wouldn’t necessarily be that useful. The reason…

Considering around 13 million Australians are now in lockdown, our property markets have held up remarkably well, even delivering strong auction results over the weekend.  With auctions being conducted online, overall clearance rates in Sydney and Melbourne were respectable given the circumstances. Remember, properties withdrawn from auction are counted as “passed in” and therefore lower…