Welcome to this week’s 2 Sense on The Australian Property Podcast, where we look at the latest property news and headlines and give you a breakdown of what this means for your property.
This week Buyer’s Agent, Pete Wargent and Mortgage Broker, Chris Bates are covering how easing inflation levels may affect interest rate hikes, what is happening to foreign investment in Australian property and taking a look at overseas markets.
On this episode:
Easing inflation for Q2
- The inflation level fell 0.8% for Q2, we take a look at some of the factors that contributed to this number
- Bond markets betting on potentially no further hikes (and possible rate cuts next year)
- What are some of the inflation risks that still exist? Rents, energy, oil prices, insurance, other services etc
- What these new figures are doing for property sentiment
Chinese developers exiting the Australian market
- With more insolvencies this month and apartment projects in limbo, we take a look at why developers are finding it more difficult to make a profit in today’s market
- What this might mean for supply shortages
- What is happening with demand from foreign buyers?
Canada property booming, despite higher rates
- What’s happening?
- What are some of the driving factors? Strong demographics, with record population growth
- What do we take from this and the implications for Australia?
- Understanding supply/demand imbalance