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Market Essentials – April 2019

Posted on April 15, 2019

In news this month, tighter credit conditions are still having a  broad dampening effect t on buyer activity. This isn’t just with investors, there has also been a considerable decline nationally in
owner-occupier lending, according to CoreLogic. Despite mortgage rates tracking around their lowest levels since the 1960s (according to CoreLogic data), consumers are displaying
cautious attitudes towards the property market thanks to the upcoming federal election and potential changes to taxation policy. Economist Trent Wiltshire of Domain predicts that while
Labor’s proposed reforms would have little impact on rents, they have the potential to “contribute to further price falls this year”


Hall Consulting Group