Welcome to the REIP Mid-Month Market Update.
This month we’re fortunate to be combining the expertise of Cate Bakos, an independent property buyers advocate, and Domonic Thompson, National Head of Residential Real Estate · Macquarie Group in a bumper market update as we head towards the end of 2021. We talk to Cate about:
- what the increase in fixed rates and buffers mean to buyers
- what do buyers need to do in the pre-Xmas purchase rush and
- the impact of building shortages
We also talk with Domonic about the fact that the property market hasn’t gone over a cliff in 2021 – in fact, we are all operating in extraordinary markets.
We ask Domonic if he sees this pent up demand continuing and whether the recent announcements by APRA and RBA have an impact on that demand. We also discuss the impact the market is having on property management with many investors choosing to sell investment properties, as well as how affordability will impact price given the cost of capital is low and what is the potential for growth of businesses.
Stay safe and stay connected.
Sadhana Smiles
CEO
Phone: 0403 271 676
Email: sadhana.smiles@reip.com.au
Support: support@reip.com.au