‘Incredibly strong’: Australia’s housing market booming despite slowing economy

For all the telltale signs that our economy is slowing, the housing market is still “astonishingly robust”, says Sky News Business Editor Ross Greenwood. REA Group CEO Owen Wilson joined Mr Greenwood to discuss the factors affecting Australia’s housing market, including high immigration, a housing shortage and higher rental prices. “It has been incredibly strong,” Mr Wilson said. “If you went back a year and looked forward, we weren’t predicting this level of strength.” In partnership with realestate.com.au