Nick Goodall

as i touched on last week it was kind of a chance to round out 2025 we've sort of you know got a got a total number of transactions for the year uh we had the buy classification series numbers for december which were updated actually the week before uh we sort of reiterate the home value index data for what happens with values over the the year as well so i thought just a chance to recap that i'll link to the full chart pack always a good one to you know for those getting back to work now get your head back in the game for where the market's at and our expectations for the future

all the charts a little bit of commentary quite useful there december as a sales month was pretty decent on its own and what it did was really close out the year with about 90 300 sales uh so i think you know there's a decent lift on the year before so we did see activity increase in 2025 compared to the year before and we do forecast that that's set to increase to 101 000 this year as well so again that's the impact of low interest rates a growing economy

increasing wages as well.

So those things, we're still expecting to continue to flow through to a more active property market.

We've talked before about maybe don't flow through to extreme levels of value growth, but we do expect some growth to come back off the back of that activity as well.

So I suppose that's the roundup of transactions.

Anything else on the transaction side?

Otherwise, mate, do you want to run through the wrap-up of buyer classification for last year?

Obviously, some pretty

And going even further back, I know that I've said for a while now, you know, we expect these other unoccupiers that have had life changes, you know, whether it's, you know, getting married, moving out of home, having children, children getting older, you know, wanting to move into school zones.

We've sort of said these things have still been happening, but people haven't been moving off the back of it.

So surely there's some pent up demand.

And I keep saying it's going to come back, it's going to come back, and it just hasn't come back.

I do think it's reliant on the economy to grow again, you know, that job certainty to come back.

And

you know, starting to think while you were talking there that maybe we need to put a chart together.

I know that you economists love to put a chart together, which is, you know, correlation.

So can we put a moving chart next to economic growth or something and see that, yeah, when economic growth is happening and going well, we have more people out there moving, upgrading their property, moving to different locations.

um because at the moment it certainly hasn't been happening so i still hold true that it is going to happen at some stage there is still pent-up demand it's just that we're expecting you know the economic growth to come through much sooner than it has you know we expected it last year we expected the year before that i think as well and never really came through um and we do expect it to happen this year and look it's looking more likely now so maybe that is something that starts to change this year but as you said they're coming into a market that's you know relatively um active

from both the mortgage investors and the first home buyer part of the market i know those probably operate a little bit lower in terms of the tier the value tier of the market than those movers but that might get going that sort of middle to upper tier of the market which i think is the one that's you know we haven't seen as much growth come through or certainly seen a great decline over a longer period of time