Where’s this market going? Short term factors and uncertainty are expected to dampen price growth (more properties on market, tax changes for investors, interest rates, focus on debt reduction and stringent lending policies).  The exact impact is hard to pick and all eyes will be on the government’s May budget (let's break out the popcorn)!   Looking out longer term, economists expect housing shortages and pressure on prices (from positive net migration, low construction levels, lower new property development by investors, improving employment and a stronger economy). For astute buyers and investors the coming months are a very good time to buy!