Who buys property in a cost-of-living crisis?
Late 2023 saw cash rates hit their peak in this rate rise cycle, but house prices did not drop. Who has been propelling the market forward?
In this episode of The Smart Property Investment Show, CoreLogic\u2019s head of residential research Australia, Eliza Owen, sits down with host Grace Ormsby to spill the beans on 2023\u2019s residential property market.
Eliza reveals how wealth levels skewed last year\u2019s buyer profile, and why the \u201cbank of mum and dad\u201d might be ready to become more official.
Looking to the year ahead, Eliza shares how shifting labour trends and savings levels will reshape the direction of Australia\u2019s property market in 2024.
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