Property cycle indicator reveals market downturn

Property cycle indicator reveals market downturn

The Mike Pero Mortgages-Infometrics Property Cycle Indicator for the June quarter shows although house prices are still rising, the national housing market is in the second quarter of a strong downturn phase. “House prices are typically the last indicator to change direction in a downturn,” says Jeff Staniland, chief executive of Mike Pero Mortgages.



The Landlord


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