By Nerida Conisbee | More about Nerida Conisbee Average open home attendance has nearly halved in a year. The decline was well underway before the Budget and has continued since. Whether it has now found a floor is the question the latest weekly data is starting to answer. Open homes have become noticeably quieter. Across … […]
By Nerida Conisbee | More about Nerida Conisbee The price crash narrative is gaining traction, but the real risk is not a uniform national decline. It is a more uneven market, where the segments that had the most policy support are now the most exposed to what comes next. Talk of a housing price crash … […]
By Nerida Conisbee | More about Nerida Conisbee The effects of previous rate increases are still flowing through the economy. Reading the Reserve Bank’s June decision means separating what has already been absorbed from what is still working its way through household budgets. The Reserve Bank has left the cash rate unchanged, choosing to balance persistent … […]
By Nerida Conisbee | More about Nerida Conisbee The latest listings data shows the sales and rental markets moving in opposite directions. Buyers are seeing more choice while renters are seeing less, and the Federal Budget is landing into that environment, not creating it. The latest listings data shows a clear split opening up in … […]
Nerida Conisbee | More about Nerida Conisbee The Budget’s investor changes are designed to moderate house prices by shifting demand toward new builds. What happens to the established rental pool when investors step back is the question worth sitting with. If policies reduce the number of rental properties in high-demand suburbs, rents will rise. Not because … […]
By Nerida Conisbee | More about Nerida Conisbee Policy change rarely lands neatly on its intended target. Measures aimed at investor demand and new supply can ripple into the willingness to transact, and that ripple travels further than house prices.
By Nerida Conisbee | More about Nerida Conisbee Victoria’s relative affordability hasn’t been created by policy – it’s been built through sustained supply. But policy settings that discourage investors don’t create affordability, they redistribute where housing pressure lands. This week I was struck by a suggestion that Melbourne’s relative affordability is largely the result … […]
By Nerida Conisbee | More about Nerida Conisbee When housing markets cool, the assumption is affordability improves. But affordability depends on factors beyond price – it’s determined by what new housing actually costs to deliver and how much supply that enables or constrains. Australia’s housing market is starting to cool. Monthly price growth has slowed, … […]
By Nerida Conisbee | More about Nerida Conisbee What the RBA’s decision in March means for you if you’re looking to buy or sell. The Reserve Bank lifted interest rates again on 17 March by 0.25 percentage points, but what does that actually mean for you if you’re looking to buy or sell? Here’s three … […]
By Nerida Conisbee | More about Nerida Conisbee The property market’s current challenge isn’t any single variable but the absence of a clear narrative. With rate expectations fluid, geopolitical tensions unresolved and fiscal policy pending, buyers and sellers lack the visibility needed to act. The biggest challenge facing the property market right now is not … […]