The analysis told us continued low-interest rates. Low inflation. Wages slowly lifting.
Local Economy, stable. Global economies stable…but the USA leading the way and increasing USD.
This higher USD makes it easier to put up Australian interest rates without impacting exports…the high AUD has been a factor keeping interest rates down.
When the cycle changes it will be because of increasing wages, increasing house prices, especially new, interest rates will have an uptick
But this has not happened yet. Which means prices are still low.
Still an unprecedented economic climate opportunity to purchase a property. Maybe some areas of Sydney went too high?
The Question of Where to buy?…is more important than When?