Mr Bouris says he is expecting the housing supply to increase during the spring period as people feel the full effect of interest rate rises.
“People are hanging out to see whether or not this rhetoric which we’re hearing at the moment, ‘oh, house prices are going to go up’, before they sell,” Mr Bouris told Sky News Australia. “If they don’t see that period, they’re going to have to sell, and they’re going to sell to a big supply market.”
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