Finance News Network interview with Craig Mackenzie of RP Data.
Mr Mackenzie discusses his outlook for the property sector after capital growth saw a strong start to the year, rising 2.8 per cent in the first quarter.
He explains the drivers behind the strong capital growth conditions in the first quarter and why home values across the five major capital cities fell in the first half of April.
Mr Mackenzie talks about RP Data’s Autumn investment guide, which found over 250 Australian suburbs would see property values double over the next decade.
He also discusses RP Data's view on when to expect the next rate cut from the RBA.
