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b"https://www.youtube.com/watch?v=lTnodAY84Oc\\n\\n\\n\\n\\n\\n\\n\\n\\nWith everything that's going on with the virus, the lockdowns and social distancing plus government stimulus, how is this going to affect the Australian property market moving forward?\\n\\n\\n\\n0:00 - Introduction0:45 - Monthly change in dwelling values3:10 - Australia is NOT one housing market6:27 - Government bailouts7:35 - What kind of recovery will we have?8:30 - Decline in leading indicators11:05 - Higher than expected vacancy rates13:12 - What do I think?\\n\\n\\n\\nRecommended Videos:\\n\\n\\n\\nCore Logic May 2020 Property Update\\n\\n\\n\\nPumped on Property's May Update\\n\\n\\n\\nTranscription:\\n\\n\\n\\nit's been a little while since I've done an Australian housing market update but with everything that's going on with the virus with the lock downs with the social distancing a lot of people out there are concerned about the market if you own a property you may be concerned about what's going to happen with that when's the best time to sell if you're looking at investing in the market you might want to pick your timing so I thought it would be a good time to sit down have a look at the data see what the data is telling us and have a think and a discussion about what may or may not happen in the future now obviously I don't have a crystal ball I don't know exactly what's going to happen all I can do is look at the data and make my own assumptions and own speculations and you need to look at the data for yourself and make your own decisions - so here we have the change in the monthly change in national dwelling values and this is provided by core logic and a link up to their main monthly update video in the description down below if you want to check it out that's where a lot of this data is coming from and so we can see that the property market actually showed some growth in April so even with the buyers happening even with the lock downs even with a lot of this stimulus not having come through yet into everyone's bank accounts we're still seeing the market grow which is really interesting but I do want to look at this trend and this downward trend so if we go back March February January December November we can see that growth rates peaked in November and we can start to see a bit of a downward trend here in the growth rates now I I actually kind of picked it which is really interesting and parries I want to do this update is just to have history of what's going on and so if we go back to June 2019 I did a video of has the market bottoms yet and so I was looking at it thinking has the market bottomed and that was one month ahead of schedule I think the next ones here is Australia prime for growth in July and so that was where we actually saw the last month of decline in July and then I think yeah August the market started showing some growth so if we go back to that core logic video we can see that August we had our first growth and then we ended up on this with trends so I actually kind of picked it there and I've been talking about it for a while since back in January February about this trend in the market was still declining but at a slower and slower rate and now we've got the opposite happening the market is still growing but at a slower and slower rate and if we go back and look at 2017 we can see this trend again we can see the market growing but at a slower and slower rate until it turned negative and then if we go ahead and go back to 2015 we can see that the market was growing but it had this downward trend at a slower and slower rate and then we saw a short period of decline before it grew again so looking at this trend and looking at the past it does look like we may be in in for a period of decline of the Australian housing market which i think is really interesting and will be really interesting to watch now I do want to note that Australia is not one housing market there is so many different housing markets and the capital cities all perform differently to each other I would say if I look a..."