Tony Alexander: Independent Property Commentator on the increasing optimism around house prices in the medium term

Open home attendance is picking up, despite the housing market remaining soft.  Cotality’s latest Home Value Index shows the national median fell 0.2% in June, slipping 0.9% on last year.  It's 17.5% below its 2022 peak.  Independent Property Commentator Tony Alexander told Mike Hosking the market remains fundamentally weak, but we're back from the brink because of events overseas.   He says a net 27% of agents are seeing fewer people at open homes, down from 51% two months ago.  LISTEN ABOVE See omnystudio.com/listener for privacy information.