Sydney’s housing crisis continues with rising prices and falling rental vacancies, while cost of living and money laundering issues pose further challenges for affordability.

Happy new year! A look back at 2022 as well as some forecasts for the new year

A lot of focus on the rental market this month, with it being described with increasing urgency as a large part of the ‘housing crisis’. Apart from a lack of housing and the spiralling cost of renting, strata management is noted as behind the times in relation to EV charging

Pundits are looking ahead to 2023, the number of knockdown-rebuilds escalates drastically, regional housing prices are coming down, few forced sales as yet despite interest rate hikes, and the increasing difficulties of renting all feature this month.

With the new Government’s first budget comes the National Housing Accord, which seeks to build a million new homes from 2024. Will it work? Opinions vary – as they do.

A perfect storm for renters has been developing over the last few months and is finally reaching the exposure that it likely needs. What has contributed, and what are the solutions?

This month, steep falls in values across the board, though some contention as to whether to expect longer term or milder dropoff, and another construction company goes bust.

Not a lot of great news this month with an increase in interest rates accentuating a cooling property market; related increases in the cost of living, and reports that home ownership has significantly fallen over the last 20 years… and much more!

This month the market edges towards a buyer’s market, the long awaited movement to land tax begins, and a few warning bells about recent interest rate rises.

This month some new trends in post-COVID architectural design have appeared, as well as a first time interest rates have gone up in over a decade.