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THE PROPERTY NERDS: Do headlines show the real state of the property market?
Description
On the second episode of The Property Nerds for 2022, self-proclaimed data nerds Arjun Paliwal and Leigh Paliwal deep dive into housing and rental supply data to uncover the truth behind headlines that state the housing market is slowing down.
Arjun, head of research at InvestorKit, and Leigh, director of Hills Finance, analyse current and historical data from the Australian Bureau of Statistics (ABS) and other research firms to debunk some of the claims.
They stress the importance of being mindful when looking at locations in Australia where price growth is strong, affordability is stretching, and the economy is robust.
The nerds highlight the secret to analysing market indicators: look beyond the month-on-month and year-on-year peaks and dig into data pre-COVID to glimpse the bigger picture and give proper context to investment decisions.
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