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More property price pain tipped before any correction

Renowned independent housing market analyst Michael Matusik has joined API Magazine’s panel of highly regarded contributors, renewing a relationship that began many years ago. In his first article of 2023, Mr Matusik makes a bold prediction about how far property prices can expect to fall this year.

 Michael Matusik overlaid on photo of new housing estate at Melbourne's outer suburbs, with roundabout in foreground.
In the swings and roundabouts of Australian property cycles, the current one may prove very different to the previous eight. (Image source: Shutterstock.com)

For those with a long memory, you might recall that I used to write a regular column for API Magazine back when it was hard copy. In fact, the publication launched the same week I started my business.

But enough of the past. Let’s discuss the future. I renew my acquaintance with API Magazine’s readership outlining what I think will happen to Australia’s housing prices over the next 12 to 18 months.

It’s worth taking a minute or two to peruse th…

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