Property commentators offered divergent forecasts for 2023, with several tying the outcome to whether the Reserve Bank kept tightening and whether APRA lowered its serviceability buffer. Some warned the rental shortage would deepen while investor lending stayed constrained and vacancy rates remained at record lows. Researchers at Hotspotting broke with bank economists by predicting moderate price growth rather than further falls.
Reported by
Liam Wignell, The Property Tribune, 20 December 2022
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