- November 13, 2018
- Posted by: Rogers Property Group
- Category: Australian Property Market, Latest News, Melbourne Property Market, Sydney Property Market
One of the world’s largest fund managers “Vangaurd” has stated that the slowdown in the Sydney and Melbourne property markets will only be moderate. Vanguard has over $7 trillion in assets under managed obviously appear to know what they are doing and have the research capabilities to make the correct and best informed decisions.
The have stated that the markets have outperformed and gone beyond anyone’s expectations and hence would always slow down, However, they disagreed with doomsayers that who said the markets would crash. Apartments could show a worse correction than housing due to the high volumes of these yet to come to market. It is unlikely that detached housing would show any steep correction.