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Australian Property Talk

House Prices Keep Rising: Why & Will it Last?

26 Jun 2023

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Send us a textThe housing market is in a state of paradox. Interest rates keep going up.  But house prices keep rising.We ask WHY?Will it last?  What is going on driving this strong rebound.  Where specifically do the risks lie?The key points we unpack:·     Rents are insane – near 60% UP in asking rents in 3 years·     Employment is very strong·     Listing levels are very lowThe headwinds that may slow the market down:·     880k fixed rate expiries are occurring·     20-30% of households are experiencing negative cash flow·     Investors are selling off·     Employment market turns  Reach out to us at www.australianpropertytalk.com.au

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