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Australian home values have marked a record decline in the first week of the new year, after peaking on May 7, 2022.
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Australian home values have marked a record decline in the first week of the new year, after peaking on May 7, 2022.
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It was a year in which many properties had their prices decline, but the top end of the market showed no sign of slowing down in 2022 (photo gallery).
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Commercial property deals slowed in the second half of 2022, with investor confidence undoubtedly shaken by successive interest rate rises.
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Although we can’t see any evidence that specific housing markets have peaked, it is clear that most markets have moved through a peak rate of growth.
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Some of Australia’s leading property experts offer their thoughts on the year ahead.
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Adelaide and Brisbane are set to take the reins in 2022 as Sydney’s housing boom starts to fade.
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South East Queensland property prices are set to record heights next year, industry experts say.
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Property markets across all of Australia experienced strong growth in 2021, but will it continue into the new year?
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Experts are calling the end of the housing boom in the nation’s most expensive capital cities.
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Prices are expected to rise again in 2022 before falling in 2023 (although not enough to wipe out the gains of the current boom).
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Omicron has threatened border reopening and restriction extensions but experts say the new variant is unlikely to play a role in real estate finances.
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There are several headwinds that are building that will slow property prices in 2022.
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