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Property Market Cycles and Market Trends 2023

We are not in a recession and based on all economic indicators, it doesn’t look like we are about to be in a recession. The RBA announced a further 0.25% rise in the cash rate yesterday, which is the 10th consecutive increase taking the cash rate to 3.6%.

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The Australian Housing Market Remains Resilient

Weekly Real Estate Market Update with Leigh Martinuzzi MPG 

I know I’m going to sound like a broken record, but the property market is showing great resilience. Despite the recent cash rate rise, buyer numbers are up. Last weekend we had above-average numbers attend our open homes, and new enquiries are good.

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