Reviewing 2022, commentators noted the investor share of the market rose early in the year before falling away as rates climbed and lending tightened. PIPA’s chair said softer prices and reduced competition from owner occupiers had suited investors, although many had sold to realise pandemic era gains. Others predicted markets would fragment, with local demographics mattering more than short term rate movements, and expected pent up demand to be released once rates peaked.
Reported by
Sue Williams, Domain Reporter, 30 November 2022
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.
