PHOTO: So let’s unpack Corelogic‘s latest charts and stats to see what’s happening in Australia’s property markets.
Which property market forecasts are you going to believe?
Those from the media outlets who say our property market is ‘collapsing’? Or perhaps those of Treasurer Josh Frydenberg, who after consulting with the Reserve Bank of Australia and the Australian Prudential Regulation Authority has concluded we’re in for an “orderly” soft landing in the Sydney and Melbourne markets.
Now I’m not suggesting property values won’t fall further in some locations, because they will, but there is no sign of a general market collapse.
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