House Prices Higher Again Over July - But Units Fall | Property Insiders

House prices were higher again over July with segments of the national market continuing to report clearly robust results - although half the capitals reported lower prices over the quarter.
02:22 Major cities' market growth
04:10 Perth leads yearly growth
06:30 Unit market trends
08:16 Sydney's national price impact
10:01 Brisbane's housing price surge
11:40 Melbourne's rental market appeal
15:00 Interest rates and market forecast
16:28 Rental market trends explored
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[@davey6907]

Perth 1.8, Hobart 0.4, Melbourne -0.3 over the month

[@Jin-oq2qu]

Melbourne top performer.
Hopefully other states will try to beat Melbourne.

[@MichaelYardney]

@davey6907 yes, our housing markets are very fragmented, aren't they? However this is normal, and over the long-term they even out

[@danodco]

Looks like Old mate Andrew Wilson has taken on board my advice to get into details of his calculations especially when his figures are completely different from the big publishing houses. But Andrew has a way of turning things around to suit his narrative no matter how you put it. Fact is Melbourne has been underperforming for years now according to most stats (except Andrew's and Michael's)

[@MichaelYardney]

@danodco thanks for watching our video again, you will see that Andrew's figures are very similar to PropTrack and Corelogic

[@danieljones7843]

You lot seem to speak about housing as if locking low and now middle income people out of housing as if it’s a really good thing…

[@edwin5419]

@@danieljones7843 my late 20s middle income teacher brother and his teacher wife just bought a 700m2 place in middle inner Perth a few weeks ago. They're as normie as you can get. If middle income ppl are locked out, they're doing something wrong, or they've had a financial emergency of some sort

[@MichaelYardney]

@danieljones7843 I'm really sorry if you got that impression, that's not at all the way we think

[@edwin5419]

Who would've thought that any market would be up double digits after such a hard interest rate crunch? Let alone 3 big cities

[@emp731]

Yes .but how does that serve the country?

[@MichaelYardney]

@edwin5419 thanks for watching our video

[@MichaelYardney]

@emp731 this gives financial security for the millions of Australians who own their own home or are slowly paying it off

[@emp731]

@@MichaelYardney Does it??Then what happens?

[@emp731]

NOTHING IS FINANCIALLY SECURE IF PRICES ARE OVER-INFLATED. Australia is a big country why are not more houses being built. I have heard a lot of excuses but not the truth.

[@zenmachine50]

who's buying them, that's what I want to know. I was just looking at an article in AFR today, and 81% of properties in Sydney are unaffordable for a working couple who spends less than 30% of their income on mortgage repayments. 81% ! who's buying them?

[@MichaelYardney]

@zenmachine50 there is no doubt that prices are high, but Sydney, would you cited as an example, has had auction clearance rates in the high 60% every weekend with multiple buyers for every good property.

[@robguz1007]

keep informing the masses gentleman 👏🏽
💰💰💰
💰💰💰❤️

[@MichaelYardney]

Thanks for once again watching our video @robguz1007

[@Brett-gb7tf]

What about Perth are you using your platform to favour your own investments unsubscribeing now see ya

[@MichaelYardney]

@Brett-gb7tf the Perth market has been the strongest performing market around Australia for the last 12 months. And we have been reporting this on the regular basis.

[@emp731]

@@MichaelYardney But you don't know about what's going on though..You only look at data which is spoon fed to you by those who have special interests

[@yz9459]

Every buyer agent out there all say their area is the best one to buy.

[@Andrew-hu1bx]

Bhahahaha more and more lies from Michael Yardney!!! I love how you avoid mentioning that the Perth, Tassie and Victoria property markets and now in serious decline too 😂😂😂

[@robguz1007]

you sound so broke it's not funny 😂😂😂😂😂😂😂 bahahahaha

[@fatgim]

Mate, there has been 0 slowdown in Perth housing market. Not sure where you are getting your information? Demand still outstripping supply, building approvals are down, construction costs are high and migration to Perth is strong.

[@edwin5419]

Decline? Perth? 😂😂😂

[@MichaelYardney]

@MR-hu1bx each month you keep coming up with interesting comments like this. Why do you think the Perth market is in serious decline?

[@emp731]

Mass migration is making property much more expensive where Aussies who were born in Australia can no longer afford a home and are now living in tents/caravans.

[@Andrew-hu1bx]

THIS IS AUSTRALIAS MOST LUDICROUS AND LYING PROPERTY SHOW

[@robguz1007]

😂😂😂😂😂 says makkas plumber

[@edwin5419]

Facts don't care about your feelings MR

[@peterforsyth962]

Fact is politically fueled 'Property Ponzi' will end in tears. Government enhaced 'wealth effect' uplift whilst politically popular with older voters....next generation hopeful homeowners will vote current woke Government OUT!!!! Rearranging the chairs on the Labor Titanic will be futile. Interesting times ahead. 🤔🤔🤔🏘🏘🏘🏘🏘🏘🏘🏘🏘​@@edwin5419

[@emp731]

​@@edwin5419the facts about the sinking ship?

[@CookieMonster-wy4qb]

@@emp731 s h u t up