in

You Can Hear Home Prices Falling!

Household borrowing power is being reduced as mortgage rates rise in response on the RBA hikes in the cash rate. As a result forecasts for price falls are accelerating, as price falls are being reported, despite the lag between rate rises being announced and hitting households.

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

Find more at https://digitalfinanceanalytics.com/blog/ where you can subscribe to our research alerts

Please consider supporting our work via Patreon: https://www.patreon.com/DigitalFinanceAnalytics

Or make a one off contribution to help cover our costs via PayPal at: https://www.paypal.me/MartinDFA

We also can received bitcoins at: 13zBL1oRib9VJu8Uc9zUGNhxKDBBgUpDN1

Please share this post to help to spread the word about the state of things….

Caveat Emptor! Note: this is NOT financial or property advice!!

Written by Walk The World

Comments

Leave a Reply
  1. Only another 30% to go… The WEF and their hegemonic black rock friends anit gonna buy up all the homes at premium prices.

    You zwill own nothing and be zappy and eat ze bugz while we penetrate ze cabinets.

  2. I doubt they will even reach a 15% drop, maybe won't even fall 10%. Remember, there a lot of people coming to Australia with hundreds of thousands cash waiting to put on a deposit. People will just refuse to sell if houses drop too much as well. For a 30-40% drop, house prices will need to keep dropping for years. It looks like interest rates are planned to go back down in about a year or 2.

  3. I'm in shock…Went to an open house yesterday on the Gold Coast and over 50 people turned up for inspection…I left early…only guessing more turned up later.

  4. Brand new homes will not fall by Much due to the high cost of labour and materials .
    Although deflationary effects could be disastrous to the builders. Different areas different scenarios. Just saying.

  5. The housing market is highly over valued in Australia. It needs a massive correction to make it relatively affordable again. I'm a home owner and am completely fine with what needs to happen.

Leave a Reply

Your email address will not be published.

Loading…

0