{"id":19152,"date":"2019-05-30T09:05:05","date_gmt":"2019-05-29T21:05:05","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=19152"},"modified":"2019-05-30T09:05:05","modified_gmt":"2019-05-29T21:05:05","slug":"scomo-effect-house-prices-tipped-for-huge-spike-by-july","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/","title":{"rendered":"‘Scomo effect’: House prices tipped for huge spike by July"},"content":{"rendered":"

 <\/p>\n

PHOTO:\u00a0Expect to see a whole lot more of these in the coming months. (AAP)<\/strong><\/p>\n

Australia\u2019s housing market downturn is coming to an end, with leading economists predicting a spike in house prices as soon as July.<\/p>\n

Property prices fell one per cent nationally in January, with CoreLogic data showing a smaller decline of 0.5 per cent in April \u2013 a result tipped to be repeated for May.<\/p>\n

It comes after Commonwealth Bank’s incoming, home loan applications jumped to a 10-month high and strong predictions of interest rates cuts<\/p>\n

Macquarie Bank\u2019s equities strategy team said data has previously demonstrated a huge bounce-back after a peak decline in property prices, with history expected to repeat itself come July.<\/p>\n

\u201cAustralia\u2019s house price growth reached its worst on an annualised basis in January. Prices have continued to fall since then, but the rate of decline has slowed,\u201d the bank wrote in a statement.<\/p>\n

READ MORE VIA NINE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

  PHOTO:\u00a0Expect to see a whole lot more of theseRead More →<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":13433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098730,478098512,478098521,478100764,478098892,478103185,478098519,478098535,478105444,478100874,478098556,478098513,478101743,478099125,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098509],"class_list":["entry","author-data123nz","post-19152","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auctions","tag-australia","tag-australians","tag-commonwealth-bank","tag-corelogic","tag-home-loan-applications","tag-home-ownership","tag-house-prices","tag-interest-rates-cuts","tag-macquarie-bank","tag-nsw","tag-property","tag-property-correction","tag-property-crash","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news"],"yoast_head":"\n'Scomo effect': House prices tipped for huge spike by July - 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\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"'Scomo effect': House prices tipped for huge spike by July - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"  PHOTO:\u00a0Expect to see a whole lot more of theseRead More →\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/\" \/>\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=\"2019-05-29T21:05:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2018\/08\/Property-investors-have-been-sold-on-the-lower-interest-rates-for-principal-and-interest-loans..jpg?fit=940%2C627&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"940\" \/>\n\t<meta property=\"og:image:height\" content=\"627\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Property Noise Group\" \/>\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=\"Property Noise Group\" \/>\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\\\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\\\/\"},\"author\":{\"name\":\"Property Noise Group\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\"},\"headline\":\"‘Scomo effect’: House prices tipped for huge spike by July\",\"datePublished\":\"2019-05-29T21:05:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\\\/\"},\"wordCount\":167,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/Property-investors-have-been-sold-on-the-lower-interest-rates-for-principal-and-interest-loans..jpg\",\"keywords\":[\"auctions\",\"australia\",\"Australians\",\"Commonwealth Bank\",\"CoreLogic\",\"home loan applications\",\"Home ownership\",\"house prices\",\"interest rates cuts\",\"Macquarie Bank\",\"NSW\",\"property\",\"property correction\",\"property crash\",\"property investment\",\"property market\",\"Property News\",\"propertynoise\",\"real estate\",\"real estate agency\",\"real estate agent\",\"Real Estate News\"],\"articleSection\":[\"Australian Property & Real Estate News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\\\/\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\\\/\",\"name\":\"'Scomo effect': House prices tipped for huge spike by July - Property News Australia\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/Property-investors-have-been-sold-on-the-lower-interest-rates-for-principal-and-interest-loans..jpg\",\"datePublished\":\"2019-05-29T21:05:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\\\/#primaryimage\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/Property-investors-have-been-sold-on-the-lower-interest-rates-for-principal-and-interest-loans..jpg\",\"contentUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2018\\\/08\\\/Property-investors-have-been-sold-on-the-lower-interest-rates-for-principal-and-interest-loans..jpg\",\"width\":940,\"height\":627,\"caption\":\"House prices\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"‘Scomo effect’: House prices tipped for huge spike by July\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#website\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\",\"name\":\"Property News Australia\",\"description\":\"Property News | Real Estate News | Australia\",\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\",\"name\":\"The Property Noise Group\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2017\\\/04\\\/Property-Noise-Australia.jpg\",\"contentUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2017\\\/04\\\/Property-Noise-Australia.jpg\",\"width\":1120,\"height\":160,\"caption\":\"The Property Noise Group\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/PropertyNoiseNZ\\\/\",\"https:\\\/\\\/x.com\\\/propertynoisenz\",\"http:\\\/\\\/propertynoisenz\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\",\"name\":\"Property Noise Group\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g\",\"caption\":\"Property Noise Group\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"'Scomo effect': House prices tipped for huge spike by July - Property News Australia","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/","og_locale":"en_US","og_type":"article","og_title":"'Scomo effect': House prices tipped for huge spike by July - Property News Australia","og_description":"  PHOTO:\u00a0Expect to see a whole lot more of theseRead More →","og_url":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/","og_site_name":"Property News Australia","article_publisher":"https:\/\/www.facebook.com\/PropertyNoiseNZ\/","article_published_time":"2019-05-29T21:05:05+00:00","og_image":[{"width":940,"height":627,"url":"https:\/\/i0.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2018\/08\/Property-investors-have-been-sold-on-the-lower-interest-rates-for-principal-and-interest-loans..jpg?fit=940%2C627&ssl=1","type":"image\/jpeg"}],"author":"Property Noise Group","twitter_card":"summary_large_image","twitter_creator":"@propertynoisenz","twitter_site":"@propertynoisenz","twitter_misc":{"Written by":"Property Noise Group","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/#article","isPartOf":{"@id":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/"},"author":{"name":"Property Noise Group","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/person\/175c8981af50e593000aa8ad7aab9d84"},"headline":"‘Scomo effect’: House prices tipped for huge spike by July","datePublished":"2019-05-29T21:05:05+00:00","mainEntityOfPage":{"@id":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/"},"wordCount":167,"commentCount":0,"publisher":{"@id":"https:\/\/propertynoise.co.nz\/au\/#organization"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/#primaryimage"},"thumbnailUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/08\/Property-investors-have-been-sold-on-the-lower-interest-rates-for-principal-and-interest-loans..jpg","keywords":["auctions","australia","Australians","Commonwealth Bank","CoreLogic","home loan applications","Home ownership","house prices","interest rates cuts","Macquarie Bank","NSW","property","property correction","property crash","property investment","property market","Property News","propertynoise","real estate","real estate agency","real estate agent","Real Estate News"],"articleSection":["Australian Property & Real Estate News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/","url":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/","name":"'Scomo effect': House prices tipped for huge spike by July - Property News Australia","isPartOf":{"@id":"https:\/\/propertynoise.co.nz\/au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/#primaryimage"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/#primaryimage"},"thumbnailUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/08\/Property-investors-have-been-sold-on-the-lower-interest-rates-for-principal-and-interest-loans..jpg","datePublished":"2019-05-29T21:05:05+00:00","breadcrumb":{"@id":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/#primaryimage","url":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/08\/Property-investors-have-been-sold-on-the-lower-interest-rates-for-principal-and-interest-loans..jpg","contentUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/08\/Property-investors-have-been-sold-on-the-lower-interest-rates-for-principal-and-interest-loans..jpg","width":940,"height":627,"caption":"House prices"},{"@type":"BreadcrumbList","@id":"https:\/\/propertynoise.co.nz\/au\/scomo-effect-house-prices-tipped-for-huge-spike-by-july\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/propertynoise.co.nz\/au\/"},{"@type":"ListItem","position":2,"name":"‘Scomo effect’: House prices tipped for huge spike by July"}]},{"@type":"WebSite","@id":"https:\/\/propertynoise.co.nz\/au\/#website","url":"https:\/\/propertynoise.co.nz\/au\/","name":"Property News Australia","description":"Property News | Real Estate News | Australia","publisher":{"@id":"https:\/\/propertynoise.co.nz\/au\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/propertynoise.co.nz\/au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/propertynoise.co.nz\/au\/#organization","name":"The Property Noise Group","url":"https:\/\/propertynoise.co.nz\/au\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/logo\/image\/","url":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2017\/04\/Property-Noise-Australia.jpg","contentUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2017\/04\/Property-Noise-Australia.jpg","width":1120,"height":160,"caption":"The Property Noise Group"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/PropertyNoiseNZ\/","https:\/\/x.com\/propertynoisenz","http:\/\/propertynoisenz"]},{"@type":"Person","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/person\/175c8981af50e593000aa8ad7aab9d84","name":"Property Noise Group","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/af2bf84b4d56686eb3a56198b9c42b70fbfd61e2345c6cdbe78ec64d72d424d1?s=96&r=g","caption":"Property Noise Group"}}]}},"_links":{"self":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/19152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/comments?post=19152"}],"version-history":[{"count":1,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/19152\/revisions"}],"predecessor-version":[{"id":19153,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/19152\/revisions\/19153"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/media\/13433"}],"wp:attachment":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/media?parent=19152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/categories?post=19152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/tags?post=19152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}