They say a property cycle lasts 7-8 years, and is typically filled with a boom, a slowdown, a slump, and a recovery. However, factors like population growth, interest rates, and government policies all play a part in what a cycle can really look like. We chat with Senior Economist at REA Group, Anne Flaherty, and Anthony Molinaro, Agent and Auctioneer at O'Brien Real Estate to break down exactly what you need to know and how it could affect your home.
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