{"id":38582,"date":"2022-05-13T09:43:37","date_gmt":"2022-05-12T21:43:37","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=38582"},"modified":"2022-05-13T09:43:37","modified_gmt":"2022-05-12T21:43:37","slug":"australias-housing-market-faces-its-biggest-test-in-30-years-watch","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/","title":{"rendered":"Australia\u2019s housing market faces its biggest test in 30 years | WATCH"},"content":{"rendered":"<p><strong>PHOTO: Australia &#8211; The Lucky Country. NAB<\/strong><\/p>\n<ul class=\"abstract__a20fee61\">\n<li class=\"abstract-item__53ceee34\">\n<div class=\"abstract-item-text__d2d4dde8\">Property prices expected to fall, building slow on rate rises<\/div>\n<\/li>\n<li class=\"abstract-item__53ceee34\">\n<div class=\"abstract-item-text__d2d4dde8\">Declining home values a challenge for winner of May 21 ballot<\/div>\n<\/li>\n<\/ul>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/107-suburbs-first-homebuyers-can-afford\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image ls-is-cached lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/Effie-Zahos-460x270.jpg\" alt=\"Effie Zahos\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/Effie-Zahos-460x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/107-suburbs-first-homebuyers-can-afford\/\" rel=\"bookmark\">107 suburbs first homebuyers can afford<\/a><\/h2>\n<\/header>\n<\/div>\n<p>One of the world\u2019s most expensive property markets faces its biggest test in more than 30 years.<\/p>\n<p>Australia\u2019s A$10 trillion ($7 trillion) residential real estate sector will this year have to absorb the sharpest interest-rate increases since 1989, if bond markets are right. The Reserve Bank last week began its first tightening cycle in 11-1\/2 years, shaking the confidence of consumers with some of the world\u2019s highest debt loads.<\/p>\n<figure class=\"paywall\" data-id=\"387172954\" data-type=\"image\" data-image-type=\"chart\" data-image-size=\"full\" data-align=\"center\" data-widget-url=\"https:\/\/www.bloomberg.com\/toaster\/v2\/charts\/6554fe95e5354bfbea741d0ceaf75d6c.html?brand=markets&amp;webTheme=markets&amp;web=true&amp;hideTitles=true\">\n<div class=\"chart\" data-responsive=\"true\">\n<div class=\"chart-js\">\n<h3 id=\"dangerously-high\" class=\"chart__title\">Dangerously High<\/h3>\n<p class=\"chart__subtitle\">Australia&#8217;s household debt is amongst the highest in the world<\/p>\n<div class=\"chart__container\" data-src=\"https:\/\/www.bloomberg.com\/toaster\/v2\/charts\/6554fe95e5354bfbea741d0ceaf75d6c.html?brand=markets&amp;webTheme=markets&amp;web=true&amp;hideTitles=true\" data-toaster-id=\"387172954\"><iframe data-src=\"https:\/\/www.bloomberg.com\/toaster\/v2\/charts\/6554fe95e5354bfbea741d0ceaf75d6c.html?brand=markets&amp;webTheme=markets&amp;web=true&amp;hideTitles=true\" frameborder=\"0\" scrolling=\"no\" data-toaster-id=\"387172954\" data-mce-fragment=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"0\"><\/iframe><\/div>\n<p class=\"chart__source\"><em><strong>Source: Trading Economics<\/strong><\/em><\/p>\n<p class=\"chart__footnote\"><em><strong>Data as at Sept 2021<\/strong><\/em><\/p>\n<\/div>\n<\/div>\n<\/figure>\n<p>After surging on the back of pandemic stimulus over the past couple of years, economists expect home prices to fall and building to slow as borrowing costs rise. That turnaround was on display at a weekend auction in the inner Sydney suburb of Darlington, where a two-bedroom home of 104 square meters yielded no bidders.<\/p>\n<p><iframe title=\"Making housing affordable means house prices have to fall | The Business | ABC News\" width=\"1380\" height=\"776\" data-src=\"https:\/\/www.youtube.com\/embed\/pPvak35MN00?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>\u201cA property like that would typically get snapped up within 3-4 weeks and the auction would typically have 5-plus registered bidders,\u201d said auctioneer Alex Pattaro at real estate firm Ray White. \u201cBut the market is cooling, and as more stock comes into the market place it will have a bigger hit on the price.\u201d<\/p>\n<p>A declining housing market will be a challenge for the winner of a May 21 election as so much of Australians\u2019 wealth is tied up in property. The result is likely to be weaker household sentiment and consumption, compounding the effects of higher mortgage repayments.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/property-developer-jailed-over-26m-cocaine-bust\/\"><img decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/cocaine-460x270.jpg\" alt=\"James Bahma\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/cocaine-460x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/property-developer-jailed-over-26m-cocaine-bust\/\" rel=\"bookmark\">Property developer jailed over $26m cocaine bust<\/a><\/h2>\n<\/header>\n<\/div>\n<p>Australian housing has been surging for much of the past decade, reflecting the RBA slashing rates from 4.75% in November 2010 to 0.1% during the depths of the pandemic in November 2020. Property prices jumped more than 20% last year.<\/p>\n<p>The protracted easing cycle means an estimated 1.2 million home borrowers hadn\u2019t experienced a hike before the central bank\u2019s bigger-than-expected 25 basis-point increase last Tuesday.<\/p>\n<p>Property consultancy CoreLogic Inc. estimated just before this month\u2019s rate rise that a 200 basis-point increase in variable loan mortgage costs would see monthly repayments climb by A$1,005. The nation\u2019s four major banks all raised variable rates by the same 25 basis points.<\/p>\n<figure class=\"figure-expandable\" data-id=\"387127810\" data-type=\"image\" data-image-type=\"chart\" data-image-size=\"full\" data-align=\"center\">\n<div class=\"image figure-expandable-image__b21aa779\" tabindex=\"0\" role=\"button\" aria-label=\"Open image in viewer\">\n<div id=\"lazy-img-387127810\" class=\"lazy-img\"><img decoding=\"async\" class=\"lazy-img__image loaded lazyload\" data-src=\"https:\/\/assets.bwbx.io\/images\/users\/iqjWHBFdfxIU\/iEK89mpWyJjc\/v2\/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE\/620x-1.png\" alt=\"Australian home prices cool as rising inflation sparks rate rise\" data-native-src=\"https:\/\/assets.bwbx.io\/images\/users\/iqjWHBFdfxIU\/iEK89mpWyJjc\/v2\/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE\/-1x-1.png\" data-img-type=\"chart\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><\/div>\n<\/div><figcaption>\n<div class=\"news-figure-caption-text caption\"><\/div>\n<div class=\"news-figure-credit credit\"><\/div>\n<\/figcaption><\/figure>\n<p><em><strong>Money markets are wagering the RBA will boost borrowing costs every month through December to bring the cash rate to about 3% by year\u2019s end from 0.35% now.\u00a0<\/strong><\/em><\/p>\n<p>\u201cBased on market pricing, Sydney and Melbourne could fall by 20%,\u201d said Diana Mousina, a senior economist at AMP Capital Markets Ltd. \u201cThere is potential for steep falls in these markets because the run-up in prices was larger and households in these two cities are also a lot more under leverage.\u201d<\/p>\n<p>But Mousina, like most economists, says the central bank can\u2019t afford to be that aggressive. The last time rate hikes of that speed and magnitude occurred it almost triggered a collapse in the financial system.<\/p>\n<p>Goldman Sachs Group Inc. is the most aggressive forecaster, predicting the RBA will lift the cash rate to 2.6% by year\u2019s end, with half-point hikes in June and July. The median estimate is a cash rate of 1.5% in December.<\/p>\n<p>\u201cWe expect the RBA hiking cycle to get stopped out earlier than most, and far below market pricing, as we think the latter would likely crash the housing market and cause a recession,\u201d said George Tharenou, chief economist for Australia at UBS AG.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-05-11\/australia-s-housing-market-faces-its-biggest-test-in-30-years\">BLOOMBERG<\/a><\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/sexy-real-estate-agents-fun-instagram-page-sexy-agents\/\"><img decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image ls-is-cached lazyloaded\" src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/02\/T-Shirt-Design-460x270.jpg\" alt=\"SEXY AGENTS\" width=\"460\" height=\"270\" data-src=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/02\/T-Shirt-Design-460x270.jpg\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/sexy-real-estate-agents-fun-instagram-page-sexy-agents\/\" rel=\"bookmark\">Sexy real estate agents \u2013 FUN Instagram Page | sexy.agents<\/a><\/h2>\n<\/header>\n<\/div>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR IN NEW ZEALAND<\/span><\/h3>\n<ul class=\"wpp-list wpp-list-with-thumbnails\">\n<li><a href=\"https:\/\/www.propertynoise.co.nz\/wellington-real-estate-agency-sale-in-court\/\" target=\"_self\" rel=\"noopener\"><img decoding=\"async\" class=\"wpp-thumbnail wpp_featured wpp_cached_thumb lazyload\" data-src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_75,h_75\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93516-featured-75x75.jpg\" data-srcset=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93516-featured-75x75.jpg, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93516-featured-75x75@1.5x.jpg 1.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93516-featured-75x75@2x.jpg 2x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93516-featured-75x75@2.5x.jpg 2.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93516-featured-75x75@3x.jpg 3x\" alt=\"Property market\" width=\"75\" height=\"75\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 75px; --smush-placeholder-aspect-ratio: 75\/75;\" \/><\/a><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/wellington-real-estate-agency-sale-in-court\/\" target=\"_self\" rel=\"noopener\">Wellington real estate agency sale in court<\/a><\/li>\n<li><a href=\"https:\/\/www.propertynoise.co.nz\/how-much-do-u-s-realtors-actually-make\/\" target=\"_self\" rel=\"noopener\"><img decoding=\"async\" class=\"wpp-thumbnail wpp_featured wpp_cached_thumb lazyload\" data-src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_75,h_75\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93503-featured-75x75.jpg\" data-srcset=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93503-featured-75x75.jpg, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93503-featured-75x75@1.5x.jpg 1.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93503-featured-75x75@2x.jpg 2x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93503-featured-75x75@2.5x.jpg 2.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93503-featured-75x75@3x.jpg 3x\" alt=\"Real Estate Agents\" width=\"75\" height=\"75\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 75px; --smush-placeholder-aspect-ratio: 75\/75;\" \/><\/a><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/how-much-do-u-s-realtors-actually-make\/\" target=\"_self\" rel=\"noopener\">How much do U.S. realtors actually make?<\/a><\/li>\n<li><a href=\"https:\/\/www.propertynoise.co.nz\/abandoned-land-for-sale\/\" target=\"_self\" rel=\"noopener\"><img decoding=\"async\" class=\"wpp-thumbnail wpp_featured wpp_cached_thumb lazyload\" data-src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_75,h_75\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/64681-featured-75x75.jpg\" alt=\"Abandoned land\" width=\"75\" height=\"75\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 75px; --smush-placeholder-aspect-ratio: 75\/75;\" \/><\/a><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/abandoned-land-for-sale\/\" target=\"_self\" rel=\"noopener\">Abandoned land for sale<\/a><\/li>\n<li><a href=\"https:\/\/www.propertynoise.co.nz\/revealed-how-many-properties-each-new-zealand-mp-owns-full-list\/\" target=\"_self\" rel=\"noopener\"><img decoding=\"async\" class=\"wpp-thumbnail wpp_featured wpp_cached_thumb lazyload\" data-src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_75,h_75\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93580-featured-75x75.jpg\" data-srcset=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93580-featured-75x75.jpg, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93580-featured-75x75@1.5x.jpg 1.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93580-featured-75x75@2x.jpg 2x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93580-featured-75x75@2.5x.jpg 2.5x\" alt=\"housing crisis\" width=\"75\" height=\"75\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 75px; --smush-placeholder-aspect-ratio: 75\/75;\" \/><\/a><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/revealed-how-many-properties-each-new-zealand-mp-owns-full-list\/\" target=\"_self\" rel=\"noopener\">REVEALED: How many properties each New Zealand MP owns | FULL LIST<\/a><\/li>\n<li><a href=\"https:\/\/www.propertynoise.co.nz\/real-estate-agents-sued-for-alleged-sex-capade-in-clients-home\/\" target=\"_self\" rel=\"noopener\"><img decoding=\"async\" class=\"wpp-thumbnail wpp_featured wpp_cached_thumb lazyload\" data-src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_75,h_75\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93486-featured-75x75.jpeg\" data-srcset=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93486-featured-75x75.jpeg, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93486-featured-75x75@1.5x.jpeg 1.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93486-featured-75x75@2x.jpeg 2x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93486-featured-75x75@2.5x.jpeg 2.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93486-featured-75x75@3x.jpeg 3x\" alt=\"Hamptons\" width=\"75\" height=\"75\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 75px; --smush-placeholder-aspect-ratio: 75\/75;\" \/><\/a><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/real-estate-agents-sued-for-alleged-sex-capade-in-clients-home\/\" target=\"_self\" rel=\"noopener\">Real estate agents sued for alleged \u2018sex-capade\u2019 in clients\u2019 home<\/a><\/li>\n<li><a href=\"https:\/\/www.propertynoise.co.nz\/housing-crisis-worst-yet-to-come-economist-warns-homeowners\/\" target=\"_self\" rel=\"noopener\"><img decoding=\"async\" class=\"wpp-thumbnail wpp_featured wpp_cached_thumb lazyload\" data-src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_75,h_75\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93507-featured-75x75.jpg\" data-srcset=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93507-featured-75x75.jpg, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93507-featured-75x75@1.5x.jpg 1.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93507-featured-75x75@2x.jpg 2x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93507-featured-75x75@2.5x.jpg 2.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93507-featured-75x75@3x.jpg 3x\" alt=\"capital gain\" width=\"75\" height=\"75\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 75px; --smush-placeholder-aspect-ratio: 75\/75;\" \/><\/a><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/housing-crisis-worst-yet-to-come-economist-warns-homeowners\/\" target=\"_self\" rel=\"noopener\">HOUSING CRISIS: \u2018Worst yet to come\u2019: Economist warns homeowners<\/a><\/li>\n<li><a href=\"https:\/\/www.propertynoise.co.nz\/real-estate-guru-warns-real-estate-agents-will-lose-their-jobs-watch\/\" target=\"_self\" rel=\"noopener\"><img decoding=\"async\" class=\"wpp-thumbnail wpp_featured wpp_cached_thumb lazyload\" data-src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_75,h_75\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93388-featured-75x75.jpg\" data-srcset=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93388-featured-75x75.jpg, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93388-featured-75x75@1.5x.jpg 1.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93388-featured-75x75@2x.jpg 2x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93388-featured-75x75@2.5x.jpg 2.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93388-featured-75x75@3x.jpg 3x\" alt=\"Tom Panos\" width=\"75\" height=\"75\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 75px; --smush-placeholder-aspect-ratio: 75\/75;\" \/><\/a><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/real-estate-guru-warns-real-estate-agents-will-lose-their-jobs-watch\/\" target=\"_self\" rel=\"noopener\">Real Estate GURU warns real estate agents will lose their jobs | WATCH<\/a><\/li>\n<li><a href=\"https:\/\/www.propertynoise.co.nz\/head-of-real-estate-agency-spoofed-in-online-billboards-says-they-are-hilarious\/\" target=\"_self\" rel=\"noopener\"><img decoding=\"async\" class=\"wpp-thumbnail wpp_featured wpp_cached_thumb lazyload\" data-src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_75,h_75\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93564-featured-75x75.jpg\" data-srcset=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93564-featured-75x75.jpg, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93564-featured-75x75@1.5x.jpg 1.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93564-featured-75x75@2x.jpg 2x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93564-featured-75x75@2.5x.jpg 2.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93564-featured-75x75@3x.jpg 3x\" alt=\"Billboard\" width=\"75\" height=\"75\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 75px; --smush-placeholder-aspect-ratio: 75\/75;\" \/><\/a><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/head-of-real-estate-agency-spoofed-in-online-billboards-says-they-are-hilarious\/\" target=\"_self\" rel=\"noopener\">Head of real estate agency spoofed in online billboards says they are \u2018hilarious\u2019<\/a><\/li>\n<li><a href=\"https:\/\/www.propertynoise.co.nz\/real-estate-agent-star-from-not-being-able-to-afford-bread-to-making-thousands-in-commission-watch\/\" target=\"_self\" rel=\"noopener\"><img decoding=\"async\" class=\"wpp-thumbnail wpp_featured wpp_cached_thumb lazyload\" data-src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_75,h_75\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93522-featured-75x75.png\" data-srcset=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93522-featured-75x75.png, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93522-featured-75x75@1.5x.png 1.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93522-featured-75x75@2x.png 2x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93522-featured-75x75@2.5x.png 2.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93522-featured-75x75@3x.png 3x\" alt=\"British-Nigerian agent Chelsea Lazkani\" width=\"75\" height=\"75\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 75px; --smush-placeholder-aspect-ratio: 75\/75;\" \/><\/a><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/real-estate-agent-star-from-not-being-able-to-afford-bread-to-making-thousands-in-commission-watch\/\" target=\"_self\" rel=\"noopener\">Real estate agent star from: \u2018Not being able to afford bread\u2019 to making thousands in commission | WATCH<\/a><\/li>\n<li><a href=\"https:\/\/www.propertynoise.co.nz\/1-real-estate-agent-in-the-world-wins-his-third-guinness-world-record\/\" target=\"_self\" rel=\"noopener\"><img decoding=\"async\" class=\"wpp-thumbnail wpp_featured wpp_cached_thumb lazyload\" data-src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_75,h_75\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93500-featured-75x75.jpg\" data-srcset=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93500-featured-75x75.jpg, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93500-featured-75x75@1.5x.jpg 1.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93500-featured-75x75@2x.jpg 2x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93500-featured-75x75@2.5x.jpg 2.5x, https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img\/https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/wordpress-popular-posts\/93500-featured-75x75@3x.jpg 3x\" alt=\"Guinness World Record\" width=\"75\" height=\"75\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 75px; --smush-placeholder-aspect-ratio: 75\/75;\" \/><\/a><a class=\"wpp-post-title\" href=\"https:\/\/www.propertynoise.co.nz\/1-real-estate-agent-in-the-world-wins-his-third-guinness-world-record\/\" target=\"_self\" rel=\"noopener\">#1 Real estate agent in the WORLD wins his third Guinness World Record<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Australia &#8211; The Lucky Country. NAB Property prices expected<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":38583,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478111920,478119521,478116691,478098512,478099322,478098521,478100064,478098519,478099000,478098535,478098873,478098579,478098514,478098609,478098511,478098509],"class_list":["entry","author-data123nz","post-38582","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-aussie-banks","tag-aussie-home-values","tag-aussie-mortgage-rates","tag-australia","tag-australian-housing","tag-australians","tag-australias-housing-market","tag-home-ownership","tag-home-values","tag-house-prices","tag-property-investment","tag-property-market","tag-propertynoise","tag-rba","tag-real-estate","tag-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australia\u2019s housing market faces its biggest test in 30 years | WATCH - 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\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia\u2019s housing market faces its biggest test in 30 years | WATCH - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: Australia &#8211; The Lucky Country. NAB Property prices expectedRead More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/\" \/>\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=\"2022-05-12T21:43:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/Lucky-Country.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"757\" \/>\n\t<meta property=\"og:image:height\" content=\"568\" \/>\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=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\\\/\"},\"author\":{\"name\":\"Property Noise Group\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\"},\"headline\":\"Australia\u2019s housing market faces its biggest test in 30 years | WATCH\",\"datePublished\":\"2022-05-12T21:43:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\\\/\"},\"wordCount\":718,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/Lucky-Country.jpg\",\"keywords\":[\"Aussie banks\",\"Aussie home values\",\"Aussie mortgage rates\",\"australia\",\"Australian Housing\",\"Australians\",\"Australia\u2019s housing market\",\"Home ownership\",\"home values\",\"house prices\",\"property investment\",\"property market\",\"propertynoise\",\"RBA\",\"real estate\",\"Real Estate News\"],\"articleSection\":[\"Australian Property &amp; Real Estate News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\\\/\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\\\/\",\"name\":\"Australia\u2019s housing market faces its biggest test in 30 years | WATCH - Property News Australia\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/Lucky-Country.jpg\",\"datePublished\":\"2022-05-12T21:43:37+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\\\/#primaryimage\",\"url\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/Lucky-Country.jpg\",\"contentUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2022\\\/05\\\/Lucky-Country.jpg\",\"width\":757,\"height\":568,\"caption\":\"Lucky Country\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australia\u2019s housing market faces its biggest test in 30 years | WATCH\"}]},{\"@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":"Australia\u2019s housing market faces its biggest test in 30 years | WATCH - 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\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/","og_locale":"en_US","og_type":"article","og_title":"Australia\u2019s housing market faces its biggest test in 30 years | WATCH - Property News Australia","og_description":"PHOTO: Australia &#8211; The Lucky Country. NAB Property prices expectedRead More &rarr;","og_url":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/","og_site_name":"Property News Australia","article_publisher":"https:\/\/www.facebook.com\/PropertyNoiseNZ\/","article_published_time":"2022-05-12T21:43:37+00:00","og_image":[{"width":757,"height":568,"url":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/Lucky-Country.jpg","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":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/#article","isPartOf":{"@id":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/"},"author":{"name":"Property Noise Group","@id":"https:\/\/propertynoise.co.nz\/au\/#\/schema\/person\/175c8981af50e593000aa8ad7aab9d84"},"headline":"Australia\u2019s housing market faces its biggest test in 30 years | WATCH","datePublished":"2022-05-12T21:43:37+00:00","mainEntityOfPage":{"@id":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/"},"wordCount":718,"commentCount":0,"publisher":{"@id":"https:\/\/propertynoise.co.nz\/au\/#organization"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/#primaryimage"},"thumbnailUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/Lucky-Country.jpg","keywords":["Aussie banks","Aussie home values","Aussie mortgage rates","australia","Australian Housing","Australians","Australia\u2019s housing market","Home ownership","home values","house prices","property investment","property market","propertynoise","RBA","real estate","Real Estate News"],"articleSection":["Australian Property &amp; Real Estate News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/","url":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/","name":"Australia\u2019s housing market faces its biggest test in 30 years | WATCH - Property News Australia","isPartOf":{"@id":"https:\/\/propertynoise.co.nz\/au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/#primaryimage"},"image":{"@id":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/#primaryimage"},"thumbnailUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/Lucky-Country.jpg","datePublished":"2022-05-12T21:43:37+00:00","breadcrumb":{"@id":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/#primaryimage","url":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/Lucky-Country.jpg","contentUrl":"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2022\/05\/Lucky-Country.jpg","width":757,"height":568,"caption":"Lucky Country"},{"@type":"BreadcrumbList","@id":"https:\/\/propertynoise.co.nz\/au\/australias-housing-market-faces-its-biggest-test-in-30-years-watch\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/propertynoise.co.nz\/au\/"},{"@type":"ListItem","position":2,"name":"Australia\u2019s housing market faces its biggest test in 30 years | WATCH"}]},{"@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\/38582","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=38582"}],"version-history":[{"count":1,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/38582\/revisions"}],"predecessor-version":[{"id":38584,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/posts\/38582\/revisions\/38584"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/media\/38583"}],"wp:attachment":[{"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/media?parent=38582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/categories?post=38582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertynoise.co.nz\/au\/wp-json\/wp\/v2\/tags?post=38582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}