Escaping Australia's Rising Interest Rates & Falling House Prices | Eliza Owen, CoreLogic

Inflation is up, there’s a rental crisis across the country, and interest rates are rising for the first time in a decade – with all the negativity around the property market, how can we make sense of it all?

Friend of the show and Head of Residential Research Australia at Corelogic, Eliza Owen, joins us today as we try to unravel what’s happening in the market… with accurate data and minus the media hype!

We cover rising interest rates, falling house prices, consumer confidence, and heaps more!

If you enjoyed the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]!

See you in the episode!

Episode Highlights:

1. Summing up the property market in 2022 [01:42]
2. Effects of limited buying capacity on property buyers [05:28]
3. Can falling house prices be a good thing? [09:36]
4. How shifting household formations is driving up property demand [12:59]
5. When will the interest rate cycle normalise? [17:33]
6. How multimillion-dollar properties losing value affects property data [23:10]
7. Real estate conditions in regional Australia [30:39]
8. New building dynamics in coming years [36:02]
9. Is housing quality compromised for first home buyers? [39:26]
10. On Australia’s rental crisis [43:11]
11. Are Australians slowly getting used to interest rate rises? [45:56]
12. What recent history tells us about timing the market [51:19]
13. More factors affecting the property market [55:20]
14. Correlation of mortgage repayments and interest rates [58:00]
15. Effects of job swaps and wage increases [01:02:13]

About our Guest:

Eliza Owen is the Head of Residential Research Australia at CoreLogic. She has a wealth of experience in property data analysis and reporting. Eliza worked as an economist at Residex, a research analyst at Domain Group and previously as the commercial real estate and construction analyst at CoreLogic. Eliza is passionate about economics, and is a popular keynote speaker, having presented to thousands across the real estate, finance and construction sectors.

Links from the show:

• CoreLogic Website

Connect with Us:

• Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
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• Looking for a Mortgage Broker? www.wealthful.com.au
• Work with Chris: [email protected]
• Send in your questions to: [email protected]

Find this episode on our website:

https://www.theelephantintheroom.com.au/podcasts/237

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