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Buy Now or Wait? It's the question we get asked most each and every day in the current Australian housing market. Some real estate experts are advising that a strategic waiting game might be the best plan for buyers seeking to take advantage of the recent dip in borrowing costs. But, what is the TRUTH about buying a home and what should you do in 2022? Property prices are tipped to fall further as buyers "wait and see" how high-interest rates go following the Reserve Bank's fourth consecutive rate hike since May. Cost of living pressures, soaring mortgage repayments and the "negative wealth effect" of falling property prices have seen would-be buyers pull back from the market after two years of unprecedented growth. It comes as property prices fall across the country with recent modelling suggesting the worst is yet to come. But what effect will this have on the property market? Market watchers say this rapid increase in interest rates could see fewer buyers in the market, which could lead to a further drop in values. What we do know is that Tuesday's 0.5 percentage point rise in interest rates will increase pressure on home sellers to cut asking prices as residential listings jumped 7.1 per cent nationwide in July. But with interest rates set to be hiked again in August, those wanting to take advantage of lower house prices would be advised to act fast! In this video, we'll analyse the current Australian housing market and answer the following questions: 🤷 How far could house prices drop in 2022? 📈 How high will interest and the cash rate go? 🆙 What next for the Australian property market & mortgage holders? 🔮 What does the property market's past performance tell us about the future? ⏬ Will house prices drop by 30%? ⏮️ What happened during Australia's last housing pricing recession? 💥 Is Australia's property market about to crash? ⚠️ Is there a housing crisis in Australia's Capital Cities? 🎢 Where is the Australian Economy going? 🤑 Should you buy a home in 2022? 👍 Is now the right time to buy a property in Aus? 💵 What you should be doing with your mortgage? 💳 Why you should be refinancing in 2022? ✨ The truth behind rising interest rates? 💳 Fixed vs Variable Interest Home Loans Explained! 🏛️ The TRUTH about the Australian property market 🤷 Could house prices still double, even with interest rate rises? 💥 Is a property boom still on the cards? Or is a recession imminent? 🏡 What next for the Australian property market? 🏘️ Is now the perfect time to invest in real estate? ↕️ What does a 7% inflation rate mean? 💰 What do these rate rises actually mean for your mortgage? Here's what we know: 00:00 Australian house prices set to drop further as interest rates surge. 00:20 House sellers under pressure as listings jump 7.1%. 01:30 The brutal reality of Australian real estate. 02:10 Is Australia's economy creating a Buyers Market? 03:00 How can you take advantage of a buyers market in 2022? 04:10 How far will home prices fall in Aus major capitals? 05:05 Flooded housing markets to stagnate as buyers stay away. 05:30 House prices to fall by 20% by 2023? 06:20 Will we see a housing market crash? 07:20 How I lost BIG TIME in the last house price recession? 09:00 The BIGGEST lesson I learnt about the property. 09:30 Is now a good time to buy a home? 09:45 Character, capacity and capital! 10:40 What the RBA rate hike means for a property? 11:10 Why now might be a good time to purchase a property 11:42 Repayment Calculator 12:00 Now may not be a good time to buy a home! 12:30 What does the past show us about the housing market's future? For more information, contact us today 👉 https://www.huntergalloway.com.au/con... Find Jayden here: ▸ https://www.huntergalloway.com.au/fre... ▸ https://www.huntergalloway.com.au/mor... T: 1300 088 065 E: https://www.huntergalloway.com.au/con... #breakingnews #house #houseprice #houseprices #realestatemarket #inflation #inflationaustralia #reservebank #reserve_bank #realestatemarket #mortgage #raterise #huntergalloway #property #propertyaustralia #news #advice #housingmarket #australianrealestate #realestate #homeloans #property #propertyaustralia #housingmarketcrash #australianrealestate #homeloans #australianrealestate #housingmarket #homeloans #QLD #SYD #NSW #VIC #MELB #PERTH #ADE #house #home #mortgagebroker #mortgageadvice #mortgagerates #johnadams #Goldasgold #australianrealestate #housingmarket #homeloans #realestate #property #realestatemarket #mortgage #raterise #reserve #huntergalloway #property #propertyaustralia #news #advice #housingmarket #australianrealestate #realestate #homeloans #housingmarketcrash #housing #rental #rentalproperty #rentals #rentcrisis #xrp #xrpnews #bitcoin #bitcoinnews #stockmarket #crypto #cruptocurrency #recession #recession2022 #michaelburry DISCLAIMER: Full Disclaimer here – https://www.huntergalloway.com.au/you...