Has the property market reached the end of the downturn or should investors brace for “more pain to come?”
In this episode of Investing Insights with Right Property Group, Phil Tarrant, Steve Waters and Victor Kumar discuss how the narrative surrounding the real estate market has shifted in recent weeks thanks to the degree of certainty brought on by RBA’s April rate hike pause and unpack why the FOMO sentiment is beginning to show among investors.
But despite confidence returning to the market, the trio encourages investors to revisit the fundamentals and “mold” them to current market conditions instead of investing based on short-term gains and explains the importance of understanding the different property cycles across the country.
Lastly, they talk about the pitfalls that can come with “desktop data” investing and touch on the trends emerging in the market.
