Talking Property – State of the Market June 2024

Talking Property – State of the Market June 2024

1 month ago

Australia’s best property analyst Louis Christopher recently joined us to provide his take on the State of the Sydney Property Market.

The Sydney property market continues to perform strongly, despite both the interest rate cycle and cost of living crisis being experienced by so many. Louis dissects the elements that see Sydney property prices outperforming his own forecast in 2024.

In this edition of Talking Property, we discuss:
• The market growth in the first half of 2024
• The country’s best performing markets
• The role immigration played in sustaining higher property prices in Sydney
• The impact of expected rate cuts on buyer sentiment, rate cuts that didn’t materialise
• The impact of global interest rates falling at a time Australia’s inflation rate is still increasing
• The significance of household savings rates experiencing a material fall
• The numbers that show dwelling