I read an interesting article last week that captured and talked about what CoreLogic believed the trends would be for the rest of 2019.
They have made the following 10 predictions for the rest of 2019
Sales volumes to stay pretty flat
Average property values still rising but in a restrained fashion
Further loosening of the LVR rules in November
Imposition of extra capital requirements on the banks
Banking sector competition to remain intense and ‘rate wars’ to be a recurring theme
Foreign Buyer Ban to remain a contributing factor to softness
More homeowners potentially ‘trading up’
Rental yields to continue to rise
Residential building consents to flatten off
Buildings insurance to come into starker focus
Some interesting ones. You can read the full article here. It’s a great read.
Thanks to CoreLogic for some fantastic analysis and industry insights.
If you want to review your strategy and lending, give me a call on 021 615907 or make a time to talk here.
Happy Friday - something to think about over the weekend!