The Sydney property market has plateaued – with prices for both houses and units off the boil since June 2017 as the peak (Domain March Quarter House Report – Apr 26th).
APRA played a large part in this Sydney slow down by applying investor restrictions to the entire country (that was unfair, in my opinion). To APRA’s credit they have now (announced 9:02 am Apr 26th) removed these restrictions.
How this will now play out in the home loan market will become clear in coming days – but here are my predictions and their significance for you:
This is VERY big news – I will have more to say as this unfolds.
As always you can call or email me anytime.
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