If that report came to fruition the best time to buy would not...

If that report came to fruition the best time to buy would not be now as you would be paying more interest than the value your property has risen.

If your property is worth $500,000 now and rises by 4% next year it will be worth $520,000, 5% - $525,000. At 9% interest you would have paid $45,000 or at least you could have got $40,000 by keeping the money in the bank.

The time to buy will be when interest rates start coming down.