REIP Insights

Tim and & I discuss the rate that stopped the nation - the Melbourne Cup RBA announcements perhaps surprised a few, there was an expectation that there may have been a rate rise.

RBA have held the cash rate firm, still buying Govt bonds, however they are starting to bring forward their expectations on inflation. Interest rates potentially rising in 2023 vs 2024.

There is an expectation that any upwards movement in interest rates will dampen market, alongside affordability, increase in listing numbers and changes in APRA.

We discuss levels of growth across the country, impact of reopening of borders especially on the QLD market.

Regional markets continue to outperform capital cities with increased housing demand and not enough supply.

Auction numbers are up as new listings come on the market.

National rents are up, rising at fastest price since 2008 more focused on houses rather than units.

Inner Melb and Syd are showing rise in rents towards the end of Oct as these apartments are much more affordable.

Affordability continues to be the key factor that is impacting the market.

Welcome to our mid month market update with Cate Bakos. We talk to Cate about the recent APRA announcements and what that means to home buyers.

How the stock levels will change as we open up in Vic and NSW and a move from a sellers market to a more balanced one.

Performance of capital cities for sales and rentals. Do we potentially have a upcoming housing crisis with increasing rental rates and wages not keeping up?

We also discuss the shift to regional markets - tree and sea change and perhaps as the cities open some will consider going back.

Cate takes us through each capital city performance with Hobart taking mantle for the best performing market.

We are starting to see investors coming back to the market and well located units, with low outgoing may see a resurgence.

We will watch the market over the next few weeks and look forward to updating you in November.

Despite lockdowns the rate of growth in the housing market continues to remain strong across the country. However we are starting to see evidence that this growth trend is starting to lose some momentum. I talk to Core Logic's Tim Lawless on the market performance around the country, low active listings and new stock to market, slight easing of the rental market and emerging risk factors.

After months of record breaking activity, the market has seen a broad based rise of 1.5%, the lowest monthly rise since Jan.

In this podcast Tim and I discuss auction clearance rates, listing supply, impact on the spring market due to lockdowns, affordability impact and what is happening in the rental market.

July saw housing values increase a further 1.6%, this rise takes housing values 14.1% higher over the first seven months of the year and 16.1% higher over the past 12 months.

However are we starting to see a slow in the pace of growth? In this podcast Tim and I discuss what is happening in each state in the sales and rental market and what headwinds do we see on the horizon.

National home values rose 1.9% in June, taking annual growth to 13.5% for the financial year. The growth in Australian dwelling values was led by houses, which rose 15.6% over the year, compared to a 6.8% lift in unit values.

It is the highest annual rate of growth since April 2004. The gap is narrowing between regional Australia and Capital cities.

New listing stock remains low which is adding to continued buyer FOMO.

The rental values continue to see strong growth and a slight uplift in Sydney and Melbourne.

A lot has happened in May. National values lifted 2.2%, capital city growth continues to outpace regional markets and Melbourne went into its 4th lockdown.

In this months podcast Tim and I discuss

the performance of markets across Australia

the impact of lockdowns

growth in smaller capital cities

investor activity

rental market performance

total number of homes on the market remains 24% below 5 year average and impact this has on prices

affordability for first home buyers

rentvesting

and much more

In this April Market Update I talk with Core Logic's Tim Lawless on the continued increase in housing value, pace of capital gains easing, market conditions across the country in sales and rentals. We review what is driving growth, what may slow it down, first home buyer opportunities and market labour trends.

In this episode, we have guest host Kevin Turner chatting with Sadhana, Mike, Joel and Damian on who REIP is, the key Pillars, and what they see as the long term role of REIP.

We have just seen the fastest rate of growth since October 1988!

March saw the end of Job Keeper, the moratorium, mortgage deferral program yet the market remain "hot".

Capital city growth is just out pacing regional growth where properties are being snapped up in record time.

We are starting to see an increase in stock however there is still the supply/demand issue that is keeping prices high.

The high auction clearance rate is a good indicator of the tight market conditions.

Tim and I discuss:

•whether the market is getting too hot too quickly

•could we see regulators stepping in if this trend continues with macro prudential controls

•the diversity in the rental market across the country

•inner city rental markets still experiencing long vacancy periods

•what could slow the pace of growth

•what may trigger the next down sizing phase