Westpac slashes its 2024 house price growth forecast
Westpac says housing market momentum has slowed decidedly since the middle of last year, slashes 2024 house price growth forecast
www.interest.co.nzI don’t have live access to the latest Westpac housing market forecast right now. I can summarize what Westpac has signaled recently and point you to where to find the freshest updates, if that helps.
Key points from recent Westpac communications (background for context)
Where to find the latest forecast
If you’d like, I can:
Would you like me to retrieve the newest Westpac forecast details and a brief synthesis with any relevant chart? If so, tell me which region you care about (e.g., Australia-wide, a specific city) and whether you want a chart included.
Citations:
Westpac says housing market momentum has slowed decidedly since the middle of last year, slashes 2024 house price growth forecast
www.interest.co.nzBelow are a few highlights from Westpac’s Housing Pulse report, which offers a quick view of the market, prices and trends.
mozo.com.auWestpac forecasts strong property price growth led by Melbourne and Sydney as many buyers await further interest rate cuts before entering the market.
australianpropertyupdate.com.auWestpac predicts housing market surge as prices rise, driven by low supply, cash buyers, and strong confidence from recent rate cuts.
australianpropertyupdate.com.au– The Westpac–MI Consumer House Price Expectations Index posted another solid 5.6% rise over the three months to August, taking it to164.2, having briefly touched a 12yr high of 166.5 in June. A remarkable 70% of consumers expect prices to rise
library.westpaciq.com.auWestpac has revised down its house price growth forecast for this year, and it's a substantial drop.
www.qv.co.nz