Momentum is expected to build in the luxury housing market this Easter, with analysts saying cashed-up investors will start shifting their money from the sharemarket into property.  To view our latest listings Click Here.  

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CoreLogic research analyst Cameron Kusher expects more sales and price growth across Easter, with lower interest rates stoking demand for property.

“It’s the wealth effect of rising prices across the market,” he says. “People that used to not fit within this market now feel like they can fit in this marketplace and that is driving the increase in demand. The only thing that could slow it is a lack of stock.”

RBA Cash Rate
RBA Cash Rate

“The Reserve Bank is saying it is a shaky economic position so I think that’s an environment where we will get some flattening out of shares and in that world you go for liquidity. You don’t want to hold cash and you don’t want to sit with shares moving sideways, so it could be a springboard for luxury sales.” For the complete article from The Australian Click Here.

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