According to SQM Research Managing Director Louis Christopher, “He expected 2015 to be another positive year for residential property owners.”
There will be an expected rate cuts happen probably in the 2nd quarter of the year. When it happens, there will be a big possibility to boost the housing market. However, interest rate cuts could spark a housing bubble and lots of signs run out of system. Most capital city prices rose last year but it may cool down due to slowing foreign residents and investors. Financial Support is one of the reasons why the property investment slump. We expected a potential fall in housing market in Perth home values and some of the property prices of all capital cities.
According to Michael Janda, “It appears the housing investment boom may have peaked and that’s largely because we’re stock in debt traps and it makes little financial sense to invest in property in Sydney and Melbourne anymore.”