The big banks offered a consensus estimate that capital city house prices would rise by 5.7 percent in 2024. With a rush of negative data since the year began, this week we interrogate those bullish forecasts and see if they can be taken seriously. In today's show, we cover: Will gloomy consumers drag property prices lower? NSW leads the investor rebound Why one in three immigrants head to Melbourne The outlook for rental yields Eliza Owen of the CoreLogic research group joins Wealth Editor James Kirby in this episode See omnystudio.com/listener for privacy information.

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“What did the council decide on item 42?” — answered with the speaker and the moment.