Weekend Edition: Australia’s Property Recovery Slows
Australian residential property is bouncing back. Phil asks Core Logic's Eliza Owen how far wlll it go this time?
NAB Morning Call · NAB - The Morning Call
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Show Notes
Friday 4th August 2023
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Figures this week from Core Logic show that house prices in Australia continue to rise – five straight months now – but the speed is slowing. Bounce backs invariably have gone further than the prior downturn, but maybe that won’t happen this time. We’re well above pre-pandemic levels, but are we reaching a ceiling? Phil Dobbie puts that question to Eliza Owen Core Logic’s Head of Residential Research for Australia. In particular, can we expect a slower recovery in the investment market, as those searching for yield look elsewhere, where risk may be lower?
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