By Nerida Conisbee | More about Nerida Conisbee Victoria’s relative affordability hasn’t been created by policy – it’s been built through sustained supply. But policy settings that discourage investors don’t create affordability, they redistribute where housing pressure lands. This week I was struck by a suggestion that Melbourne’s relative affordability is largely the result … […]
By Nerida Conisbee | More about Nerida Conisbee When housing markets cool, the assumption is affordability improves. But affordability depends on factors beyond price – it’s determined by what new housing actually costs to deliver and how much supply that enables or constrains. Australia’s housing market is starting to cool. Monthly price growth has slowed, … […]
By Nerida Conisbee | More about Nerida Conisbee What the RBA’s decision in March means for you if you’re looking to buy or sell. The Reserve Bank lifted interest rates again on 17 March by 0.25 percentage points, but what does that actually mean for you if you’re looking to buy or sell? Here’s three … […]
By Nerida Conisbee | More about Nerida Conisbee The property market’s current challenge isn’t any single variable but the absence of a clear narrative. With rate expectations fluid, geopolitical tensions unresolved and fiscal policy pending, buyers and sellers lack the visibility needed to act. The biggest challenge facing the property market right now is not … […]
By Nerida Conisbee | More about Nerida Conisbee The Reserve Bank raised rates despite global uncertainty, acting to contain rising inflation expectations driven by energy prices. The decision signals the Bank remains determined to return inflation to target before it becomes entrenched. The Reserve Bank has raised the cash rate by 0.25 percentage points, responding … […]
By Nerida Conisbee | More about Nerida Conisbee Rental growth slowdown suggests the surge phase is easing, but that doesn’t mean pressure is easing everywhere. The distribution of rental growth across cities and suburbs is becoming more important than the national trend alone reveals. Australia’s rental market is no longer accelerating at the pace seen … […]
by Nerida Conisbee | More about Nerida Conisbee Interest rate rises typically slow housing market activity over time, but the lag between policy change and measurable impact means monthly and annual trends can diverge significantly. Understanding which timeframe matters requires context. Australia’s housing market continued to rise in February, even following the recent interest … […]
by Nerida Conisbee | More about Nerida Conisbee When investors retreat from the market, what fills the gap? Housing policy often assumes rental supply will continue regardless of how investor incentives change. But rental housing doesn’t exist in isolation from who provides it. The Federal Government has flagged potential changes to capital gains tax concessions as … […]
By Nerida Conisbee | More about Nerida Conisbee Open home attendance data reveals how quickly buyers respond to policy changes. The week following the RBA’s rate decision saw attendance decline nationally, though the depth of softening varies significantly by market. Understanding how buyers respond to interest rate changes requires more than watching price … […]
By Nerida Conisbee | More about Nerida Conisbee The Reserve Bank lifts rates as it judges the risks of allowing inflation to remain above target outweigh the risks of further tightening. Strong employment and household spending create room for additional restraint on demand. Inflation surged late last year and, while it eased again in December, … […]