
Housing Market Crash?
2021 was a year like no other - prices boomed creating new records and as the value of Australia’s housing market skyrocketed, the collective wealth of homeowners jumped by over $2trillion despite the pandemic. And sure, it’s clear that we've moved into the next phase of the property cycle - the adjustment phase - and won’t see the same level of overall price growth in 2022. In fact the value of some properties will fall and certain sectors of the housing market will suffer