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Is Property Set to Drop? The Bear Case

It’s time to listen to the other side: Some economists believe house prices are heading south in 2024 as interest rate hikes finally hit home and unemployment rises at the same time.
In this show we cover:

  • What’s behind a forecast drop of 5 per cent in the market?
  • The tremors signaled by new statistics on ‘distressed sales’ * Is the tradie shortage still a thing? 
  • Why your house is taking longer to build

Economist Stephen Koukoulas of Market Economics joins Wealth Editor James Kirby in this episode 

Original URL: https://www.theaustralian.com.au/business/economics/is-property-set-to-drop-the-bear-case/audio/3a23468acc31beacf40133fbcac2695b