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Housing supply looms as 2023's biggest property hurdle

Interest rates, climate change, and the rental crisis are major real estate issues but housing supply is at the core of the property market's shortcomings.

Aerial view of new suburb encroaching upon greenfield land.
The spotlight on the way governments plan and deliver new housing has intensified. (Image source: Shutterstock.com)

A year that has been a tale of two halves is drawing to a close but not without having delivered the final sting in the tail in the form of another rate rise in December.

However, even with rates having gone up again, there are now fewer alarmist headlines than were so prevalent through the middle of the year. On the ground, there are some impressive deals getting done.

As we begin summer, auction volumes are healthy and clearance rates are too…

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