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04:18
Apr 21
Nerida Conisbee Chief Economist, Ray White Bloomberg Markets
Sydney, Melbourne premium property facing headwinds.
The premium end of the Sydney and Melbourne housing markets is struggling, with prices moderating and buyer caution increasing, driven by rising interest rates and visible fuel price inflation impacting consumer sentiment. The top end of these markets is more sensitive to interest rate changes because buyers, even at that level, often rely on large mortgages.
PREMIUM PROPERTY MELBOURNE
HIGH

About PREMIUM PROPERTY MELBOURNE Analyst Coverage

Buzzberg tracks PREMIUM PROPERTY MELBOURNE (Premium property Melbourne) across 1 sources. 0 bullish vs 0 bearish calls from 1 analysts. Sentiment: evenly split. 1 total trade idea tracked. Latest voices: Nerida Conisbee.