AMP Oliver’s Insights – Will Australian housing prices crash?
AMP’s Dr Shane Oliver takes a look at the outlook for Australian house prices, and specifically the much talked about risk of a property crash in this edition of Oliver’s Insights.
Dr Oliver summarises the key points as follows:
Talk of a property crash is likely to ramp up again with signs that the Sydney and Melbourne property markets are cooling. But the Australian property market is a lot more complicated than the crash calls suggest.
- Continue to expect a 5-10% downswing in Sydney and Melbourne property prices but a crash is unlikely and other capital cities will perform better.
It remains a time for property investors to exercise caution and focus on laggard or higher-yielding cities or regions.
You can access a copy of this edition of Oliver’s Insights here: