'To a certain extent, the last couple of years should have reminded us that making predictions is very hard, especially when they are about pandemics or the future. ' 9News
is unlikely to be shaken by the latest strain of COVID-19 in 2022, but the fear of missing out on historically low interest rates could set the stage for another boom year.
"After an initial wobble, stock markets have been resurgent, and financial markets have been largely unperturbed, which is likely to be a better indicator than the latest alarmist headline."with house prices rising 21.9 per cent "There are now record numbers of scheduled auctions, and new market listings have surged in Sydney and Melbourne - so there is much more choice for buyers coming online, and there's an attractive window of opportunity to buy property before immigration ramps up again," Mr Wargent said.Millennials have it harder - statistically - than ever before to purchase a property in Australia.
"The rate of immigration has not been a key factor in driving the market over the past couple of years, with the notable exception of CBD and some inner-city apartments, where the absence of international students has been felt particularly keenly."
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