Australia's record-breaking surge is house prices is tipped to slow, with three key warning signs showing a supply glut could end the boom. Australia's record-breaking surge is house prices is tipped to slow down as more people try to cash in on the boom. Pictured is an auction in the Sydney suburb of Paddington'There are some early signs the exuberance in the housing market may be peaking,' he said. Westpac last week updated its forecasts to have Sydney and Melbourne property prices grow by 5 per cent in 2022. Mr Hassan said the dynamics of investors returning in droves to the housing market, like they did between 2012 and 2017, would make APRA nervous.

Source: Daily Mail April 26, 2021 02:03 UTC