Three property experts make their predictions on house prices, rent and investing in 2024
Three property experts have made their predictions for what Australians can expect from the property market in 2024. It has been a challenging year for mortgage holders, renters and landlords as six rate rises heightened pressure on budgets and pushed Australians to their financial limits. Estimations that homeowners were heading towards an ominous “mortgage cliff” have so far proven untrue despite a gloomy outlook for the national economy and property prices don’t appear to be any closer to plummeting. Ray White chief economist Nerida Conisbee, Suburbtrends.com.au founder Kent Lardner and PropTrack’s Economic Research executive manager Cameron Kusher have all weighed in on what they think Aussies can expect to see in the property market in 2024.
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