REIP Mid-Month Market Update October 2021

Welcome to our mid-month market update with Cate Bakos.

We talk to Cate about the recent APRA announcements and what that means to home buyers.

How the stock levels will change as we open up in Vic and NSW and a move from a sellers’ market to a more balanced one.

Performance of capital cities for sales and rentals. Do we potentially have an upcoming housing crisis with increasing rental rates and wages not keeping up?

We also discuss the shift to regional markets – tree and sea change and perhaps as the cities open some will consider going back.

Cate takes us through each capital city performance with Hobart taking the mantle for the best performing market.

We are starting to see investors coming back to the market and well-located units, with low outgoing may see a resurgence.

We will watch the market over the next few weeks and look forward to updating you in November.

Stay safe and stay connected.