On 14 November 2023, Bluestone’s Chief Sales Officer Tony MacRae and CoreLogic’s Tim Lawless discussed the conditions of the property market including:
- Housing values, how they have moved through an eighth month growth phase, conditions remain diverse with some cities accelerating in the pace of capital gains while others slow or even struggle to move into a recovery. What does this mean?
- Vendors are becoming more active. Available supply is rebalancing, clearly showing softer conditions?
- Despite high interest rates and high cost of living pressures. Arrears have risen a little, but from historic lows. Is the mortgage cliff being navigated without too much fallout?
- The outlook for housing markets remains relatively positive, but depends on the path of inflation and interest rates? What is the next 6 months looking like?
