Will Australia’s Housing Market Crash Like London’s? Australia is unlikely to see a London-style housing crash in the near term while rental vacancies remain very low and population growth continues to outpace new housing supply. A nationwide drop would likely require several shocks at once, such as rising unemployment, a sharp fall in migration, tighter credit and a spike in forced sales. The more probable outcome is uneven performance by city and dwelling type, with apartments in oversupplied pockets more vulnerable than detached houses in land constrained suburbs.

With rentals scarce and migration strong, Australia may dodge a London-style slump for now. Soft landing or surprise slide? What's your call? #AustraliaHousingMarket #HousePrices #London #NetOverseasMigration #VacancyRate

#NovaScotia #JohnWhiteMLA #HousingCrisis #VacancyRate #FixedTermLeases #landlords #tenants
@acorncanada.bsky.social @mackinnonart.bsky.social #EditorialCartoon

Bruce MacKinnon: Time always runs out on fixed-term leases Bruce MacKinnon's cartoon for The Chronicle Herald

www.saltwire.com/nova-scotia/...
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@acorncanada.bsky.social

Housing Market: Relief Looks Different When it comes to the vacancy rate, UBS sees little room left for further decline. The shortage of supply has become even more pronounced, especially for small and medium-sized apartments.

Housing Market: Relief Looks Different: When it comes to the vacancy rate, UBS sees little room left for further decline. The shortage of supply has become even more pronounced, especially for small and medium-sized apartments. #UBS #vacancyrate

An interesting visual on vacancy rates across the country

#homeowner #vacancyrate #charts #graphs #maps #usmap #datanerd #dataviz #homeownership #owningahome #americandream #rentprices #mortgagerates