All Topics / General Property / RP Data Market Cycle Comparison – Interesting!

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  • Profile photo of BuyersAgentBuyersAgent
    Participant
    @knightm
    Join Date: 2005
    Post Count: 338

    http://blog.corelogic.com.au/2014/12/current-growth-cycle-compare-2001-2004-boom/

    I thought this was a very interesting article and worth comparing the numbers between this market and the last bull run.

    Anyway, penny for all your thoughts? What can we learn…

    BuyersAgent | Precium
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    South Coast NSW Independent Buyers Agent - Wollongong to Batemans Bay and Regional NSW. DOWNLOAD OUR FREE 14 POINT PROPERTY BUYER'S CHEATSHEET to avoid painful mistakes at precium.com.au

    Profile photo of alfrescodiningalfrescodining
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    @alfrescodining
    Join Date: 2012
    Post Count: 160

    I think it can keep rising steadily, particularly if interest rates are cut early next year.

    A whole new group of speculators and tyre-kickers who would be sidelined now are able to enter the market when rates drop meaningfully.

    Can anyone point to a time when house prices have fallen WITHOUT interest rates rising first (i.e. while rates have been flat or falling)? I’d genuinely like to know if there has been a time like that in the last few decades.

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