Residential property is in hot demand due to high immigration and demand from adults still living at home. They are all waiting for a minor correction to buy if there is one. If there is a correction I don’t think it would be sever as a lot of ppl is waiting to buy. In the mean time they just have to pay higher than normal rental costs. It’s a double edge sword really, if there is an IR cut then every wins.
US is a bit different as atm they have over 18million vacant houses.
Residential property is in hot demand due to high immigration...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GPT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.00 |
Change
-0.010(0.25%) |
Mkt cap ! $7.662B | |||
| Open | High | Low | Value | Volume |
| $4.09 | $4.11 | $4.00 | $33.85M | 8.421M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 342542 | $3.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.01 | 47783 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| GPT (ASX) Chart |