{"id":16447,"date":"2019-01-22T14:25:48","date_gmt":"2019-01-22T01:25:48","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=16447"},"modified":"2019-01-22T14:25:48","modified_gmt":"2019-01-22T01:25:48","slug":"two-big-questions-for-the-property-market-in-2019-john-mcgrath","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/two-big-questions-for-the-property-market-in-2019-john-mcgrath\/","title":{"rendered":"Two big questions for the property market in 2019 &#8211;  John McGrath"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO: John McGrath<\/strong><\/p>\n<p style=\"font-weight: 400;\">Two big questions loom large in the Australian property market this year. What will happen to credit conditions once the Royal Commission into banking is over; and how will the Federal Election affect the market, especially if Labor wins and major changes to tax policy on property investments are introduced?<\/p>\n<p style=\"font-weight: 400;\">Latest figures from CoreLogic show most regions across Australia were weakened by the banks\u2019 tighter lending practices in 2018.\u00a0\u00a0The effect was magnified in Sydney and Melbourne, where many buyers were unable to purchase at the price level they expected or unable to compete at auction due to longer approval processes.<\/p>\n<p style=\"font-weight: 400;\">Property prices and auction clearance rates fell faster than is normal for the first year of a correction, culminating in a -10% dip in house prices in Sydney to a median $918,000 and a -9.1% drop in Melbourne to a median $751,000.<\/p>\n<p>READ MORE VIA <a href=\"http:\/\/www.switzer.com.au\/the-experts\/john-mcgrath-property-expert\/two-big-questions-for-the-property-market-in-2019\/\">SWITZER<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>https:\/\/www.instagram.com\/p\/Bs1ovt2lMq6\/<\/p>\n<p><a class=\"twitter-timeline\" data-width=\"1200\" data-height=\"1000\" data-dnt=\"true\" href=\"https:\/\/twitter.com\/propertynoisenz?ref_src=twsrc%5Etfw\">Tweets by propertynoisenz<\/a><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO: John McGrath Two big questions loom large in<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/two-big-questions-for-the-property-market-in-2019-john-mcgrath\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":2,"featured_media":4649,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478099548,478098512,478099519,478098521,478098726,478098892,478103245,478101317,478098562,478098519,478098535,478098596,478098537,478098556,478098513,478101743,478101994,478098579,478098510,478100165,478098514,478098575,478098511,478098705,478098533,478098921,478098509,478098618,478103246],"class_list":["entry","author-wpcomsupport","post-16447","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auction-clearance-rates","tag-australia","tag-australian-property-market","tag-australians","tag-chinese-buyers","tag-corelogic","tag-credit-conditions","tag-federal-election","tag-foreign-buyers","tag-home-ownership","tag-house-prices","tag-john-mcgrath","tag-melbourne","tag-nsw","tag-property","tag-property-correction","tag-property-downturn","tag-property-market","tag-property-news","tag-property-values","tag-propertynoise","tag-queensland","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-franchise","tag-real-estate-news","tag-sydney-property","tag-tax-policy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Two big questions for the property market in 2019 - John McGrath - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/two-big-questions-for-the-property-market-in-2019-john-mcgrath\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two big questions for the property market in 2019 - John McGrath - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"&nbsp; PHOTO: John McGrath Two big questions loom large inRead More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/two-big-questions-for-the-property-market-in-2019-john-mcgrath\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PropertyNoiseNZ\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-22T01:25:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2016\/08\/john-mcgrath.jpg?fit=650%2C366&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"650\" \/>\n\t<meta property=\"og:image:height\" content=\"366\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"WordPress.com Support\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:site\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"WordPress.com Support\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/two-big-questions-for-the-property-market-in-2019-john-mcgrath\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/two-big-questions-for-the-property-market-in-2019-john-mcgrath\\\/\"},\"author\":{\"name\":\"WordPress.com Support\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/315d144907da6f97bc727653fad8e18b\"},\"headline\":\"Two big questions for the property market in 2019 &#8211; 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