At the start of the year it seemed as if 2017 was going to mirror 2016. From a national perspective, low interest rates and falling unemployment combined with strong population growth and a shortage of properties on the market for sale, all provided a platform for the continuation of positive property price growth.
However, the second half of the year heralded a noticeable transition. Investor demand slowed - as a result of higher finance rates - listings increased in the lead up to spring and affordability constraints begun to see buyers revaluate their situation, budgets and housing requirements. This has seen a moderation of property price growth during the end of 2017. So what does this mean for 2018?
Download our 2018 property trends white paper to find out.