What’s ahead for our economy now that we’re moving into a Covid normal world?

Well, last week in its quarterly statement on monetary policy the Reserve Bank of Australia gave its usual three scenarios.

Of course, the market commentators are speculating on an interest rate rise and not surprisingly some are predicting falling property values. Again!

So is a rate rise on the cards and what would this do to our property markets at a time when soaring property prices are stretching affordability limits.

And what’s happening to our property and rental markets?

These are some of the questions I’ll be asking Dr. Andrew Wilson, Australia’s leading housing market economist and Chief economist of My Housing Market in this week’s Property Insiders chat.

02:57 — Assuming a pre-election economic boom: what does this mean for interest rates
08:47 — This week’s auction results
14:21 — The biggest fall in building approvals in 21 years
15:41 — Rental Market Updates

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You can also read the full article on Property Update: https://propertyupdate.com.au/property-news-headlines-forecasts/

If you’re looking for Direction, Certainty, and Wealth Producing Results in property and wealth creation why not get my team at Metropole to discuss your options: https://metropole.com.au/enquiry/