Episode #76 Property Market Pulse, Predictions & Policies to fix the housing market.

Podcast Episode #76:
Property Market Pulse, Predictions and Policies to Fix the Housing Market

 

Featuring: Louis Christopher - SQM RESEARCH

 

Intro:

Welcome to our next edition of the Propertybuyer Podcast.

The last interest rate rise was November 2023 when the RBA raised the cash rate to 4.35%. Recent inflation figures have been quite slow at coming down prompting lots of conjecture from economists about whether the RBA will raise one more time to kill off inflation.

Cost of living is really bitting into household budgets and economic growth is quite constrained. However, the housing market appears to be running at a different speed in various locations.

Today we are privileged to have Louis Christopher, Managing Director of SQM Research  to help take the current pulse of the property market and see which parts of the country and rising or falling and where it is heading in 2025.

Louis Christopher is one of the most accurate property forecasters I know, and he produces an annual Boom and Bust report providing excellent insights into the future of the property market across Australia.

Today we will discuss the real impact of interest rate rises on the property market, how to fix the housing crisis, predictions for 2025, listing volumes in the upcoming spring selling season and when the next property boom will come.

 

Thought of the Week

“Your time is limited, so don’t waste it living someone else’s life.” –Steve Jobs

 

Questions we will cover in this Podcast:

1. What has been the Impact of higher interest rates on property prices and consumer confidence over the past 12 months?
2. How long has it taken for interest rate rises to completely wash through the economy over this last rate rising cycle?
3. What’s you view on how international events like the Ukraine / Russia war, US Election, Israel /Gaza War – impact property market here?
4. How fast do you think the housing market will reignite once we start to see interest rate cuts?
5. What are the current figures for building approvals? Has this been improving or declining and why?
6. Is the Federal governments target of building 240,000 new homes per annum fanciful pipe dream?
7. What the key housing policies do you think will fix the housing crisis?
8. What impact will the massive immigration intake over the past two years have on the property market over the next three to five years?
9. Do you think the government will radically reduce immigration levels? Or keep them moderate to make sure there is sufficient economic growth and a skilled labour force?
10. What are your property predictions over the next 12 months?  What are the X-factors to look out for?
11. How accurate have been your property price forecasts in your boom and bust report over the past 12 months?
12. Listing volumes – what are the latest trends in each city?
13. Do you expect Spring to be an active market or a subdued market in terms of volumes?
14. Rental market-  what’s happening with rents in each city? Are rent rises toning down or will vacancy rates remain low for sometime yet?
15. Are you seeing any evidence of distressed selling ? What are the figures for delinquent mortgages ? How much variation in each state?
16. When do you think we will get the next big property boom? What will be the main drivers of demand and supply going forward?