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For Mathew Tiller, the key to understanding today’s market and where it’s headed is to look at the hands of the property market clock.
As we kick off a new financial year, the LJ Hooker Group’s head of research and business intelligence sits down with Grace Ormsby to give a play-by-play take of how the real estate market progressed throughout its latest cycle before providing a data-backed baseline of where it currently stands.
Despite rising market jitters amid the present economic climate and the Reserve Bank’s monetary policy tightening, Mathew urges agents to always look at the bigger picture when analysing the market and notes the presence of “markets within markets” — meaning industry players must keep their ear to the local ground.
In this episode, you will hear:
- What market fundamentals and economic factors are affecting the market
- How agents can move in step with the shifting buyer sentiment
- The market’s trajectory in the coming months
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