Will Donald Trump’s stunning victory prove to be a 'trump' card for the Australian real estate market or will economic uncertainty and higher interest rates put an end to this property cycle?
"Any speculation that mortgage rates are set to rise is likely to dampen activity in the housing market," says Tim Lawless, research director, CoreLogic.
Weak inflation has sent interest rates to historic lows, but new housing supply and APRA's steps to rein in property investment will contain property prices.
The Reseve Bank's decision to cut rates to historic lows has been met with broad approval by the property sector, but low stock levels in some markets could cause prices to continue rising strongly.