Home prices still rising over April Latest Housing Market Stats

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Believe it or not, we’re now one third of the way through the year, and despite all the challenges thrown at them, our housing market have kept rising for 15 months in a row. • Not only have house prices risen strongly, but so have rents. • While earlier this year many commentators forecast that interest rates would fall by the middle of the year, now the narrative is that inflation and interest rates will remain higher for longer than we had hoped. • In fact, the latest data has led some commentators to suggest there could even be another rise in interest rates. • So in this week’s Property Insider chat with Australia’s Dr. Andrew Wilson, we discussed details of his latest House Price Market report, as well as some of the recent data that caught quite a few economists by surprise. • 01:27 It's been a strong start to the year for auction sales • 05:05 Three-month snapshot of house sales • 06:30 Houses vs. units • 12:33 Melbourne's housing market overview • 20:23 How to take advantage of the opportunities the current property markets are offering • 21:24 Inflation isn't coming down • -- • You can also read the full article on Property Update: https://propertyupdate.com.au/latest-... • If you're looking for Direction, Certainty, and Wealth Producing Results in property and wealth creation why not get my team at Metropole to discuss your options: https://metropole.com.au/enquiry/

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