Real estate to outperform in the medium term

• Capital and equity markets rallied yesterday on the back of extraordinary Government stimuli across the globe ($123.7 billion in Australia alone).
• Having dropped 36.8% in the last 22 days, the S&P ASX-200 is up another 3.08% as I type at 4,881.  Whilst not calling the bottom, it is clear investors are picking value stocks.
• China has started to reopen for business including restaurants which will be good news for our WA exporters, especially given the Aussie dollar is trading up almost 3% today but still at US .59c.
• Credit Suisse’s Chief Investment Officer has documented the positive impacts of large-scale central bank and government interventions on households and businesses and is forecasting real estate to outperform in the medium term.
• With the recent rollout of relief packages and advice regarding home, business and investment borrowings there is no better time to look at your finances and decide whether they are meeting the market. Having just refinanced my home and business through Mike Burton at Loan Market I cannot recommend him highly enough should you need competitive rates and products to ensure you and your business weather the storm. https://tinyurl.com/sc3fkuz
• Whilst it’s clear we are up for a short term economic slowdown, people’s reasons for wanting to move haven’t changed – getting closer to schools and family, needing more or less accommodation. So we are still very much “open’ for business and selling homes.
• A great article on why property is a great investment. https://tinyurl.com/tz7cp9q
• I am here to help with your real estate needs and with over 300 corporate support staff at Ray White working on solutions for our sellers (face-to-face and technology-driven), I am very confident in our ability to provide great solutions.
• Call me for a chat on how best to get you moving.