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Real Estate Exposed – The week concluding 16 October

By Robyn Tongol
14 October 2022 | 9 minute read
060821 REE

Phil Tarrant and Tom Panos discuss the hard-hitting topics relevant to real estate that others might shy away from.

Is it currently a buyer’s market or a seller’s market? Tom and Phil discuss how the Australian property market is currently “no one’s market” and unpack how factors such as inflation, the central bank’s rate rise cycle and price declines are affecting consumer sentiment and activity.

But while the spring selling season activity is expected to be subdued due to the current environment, Tom and Phil argue that the housing market continues to be in a stable position due to strong economic conditions and stress that practising strategic patience is key to capitalising on buying or selling opportunities no matter what season it is.

They also touch on the housing crisis that is becoming a major agenda for government officials while giving their two cents on how accommodation can become more accessible for those who need it the most.

  

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