Sky News Interview with Simon Ryan

author Dentsu Aegis Network ANZ - Careers   3 нед. назад

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How much more will property prices fall | Sky News interview

Property values are falling around the country. According to CoreLogic property values nudged 0.1% lower in April, the seventh consecutive month-on-month fall since values started retreating in October last year. These declines were concentrated in the largest capitals, while interestingly regional dwelling values edged 0.4% higher last month. So how much lower will property prices fall? Are we near the bottom or should buyers hold off and wait? To get an understating of what’s going on in the market and what’s likely to happen to property values moving forward, I explain my thoughts on a recent interview on Sky News Here are some of the things we discuss… How far will the markets fall – will they crash? If we assume no further APRA intervention and rates remain the same there is no reason to think prices will fall significantly. High end properties and cheap properties will fall more • Sydney will probably drop 5-8% overall – say another 3 or 4% this year - but not all parts of the city – there is still strong demand for good homes in the inner and middle ring suburbs • Melbourne - -3% to steady • Brisbane 0-3% • Adelaide 0- 3% • Canberra – 1-4% • Hobart – 7 -10% • Perth – 0% How long will this downturn last? This will depend on local factors. In general cycle will be driven by availability of finance, jobs creation and confidence The Budget forecasts of economic growth, population growth, jobs growth are all positive for property.

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Even though Trump sometimes seems like he's sometimes shooting from the hip on the campaign trail, it's all part of a persona he refined back in the 80s. » Subscribe to NBC News: » Watch more NBC video: NBC News is a leading source of global news and information. Here you will find clips from NBC Nightly News, Meet The Press, and our original series Debunker, Flashback, Nerdwatch, and Show Me. Subscribe to our channel for news stories, technology, politics, health, entertainment, science, business, and exclusive NBC investigations. Connect with NBC News Online! Visit NBCNews.Com: Find NBC News on Facebook: Follow NBC News on Twitter: Follow NBC News on Google+: Follow NBC News on Instagram: Follow NBC News on Pinterest: 1980s: How Donald Trump Created Donald Trump | NBC News

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