RAY WHITE NOW THIS MONTH
We now have a new federal government and with that comes change in leadership , policies and the way the country is run . The changing of the guard also comes at an interesting time for our economy and our property markets , with significant change in both since the start of the year . At this stage , we know there will be a number of areas that the new government will focus on when it comes to housing . The first is sustainability , the second is first home buyers and the third is social housing . All areas that need to be addressed as we move forward from the pandemic .
In this month ’ s Ray White Now , we take a look at the influences on house prices . We ’ re now in a new cycle and interest rate increases are a key driver of this . Housing markets are , however , more complex than simply moving with interest rates , and the influences are diverse . Australia is also not a uniform single market when it comes to housing and some locations are far more sensitive to rate rises than others .
In keeping with the green theme that characterised a lot of the election debate , we take a look at our most leafy suburbs using some aerial data from Nearmap . Of all capital cities , Brisbane tops the list for tree canopy but the leafiest suburb in our capital cities is Olinda in Melbourne ’ s outer east . We also do a deep dive into the impact of electric vehicles on commercial property .
We hope you enjoy this month ’ s Ray White Now .
Nerida Conisbee Chief Economist Ray White Group
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