Australia has faced a confluence of economic forces this year from rising rates, fighting inflation, cost of living pressures and a tight employment market. Through this we have seen a change in RBA Governor and a housing market that has remained resilient and is back to record highs in some states – despite predictions of a decline in the market.
This week on Ausbiz Anthony Landahl, Managing Director of Equilibria Finance breaks down the 2023 housing market and why it remained resilient and looks at what will influence 2024;
- We see Perth, Adelaide and Brisbane back to levels above those of their record highs in 2022 and Sydney not far behind – why the housing market remained so resilient in 2023.
- What has shaped owner occupier and investor credit flows and behaviour.
- Turning to 2024 what is the outlook and key trends to look for in the market.
Anthony Landahl | Managing Director Equilibria Finance
This is for general information purposes only and does not constitute advice. With all of these options there are a number of considerations outside the scope of what is covered in this article that you need to understand to ensure your personal circumstances are taken into consideration.
Equilibria Finance is a mortgage broking practice specialising in delivering residential and commercial mortgage and business and asset finance solutions to the clients of financial advice and accounting practices.