At least that’s the prediction of industry experts… It might not feel like that yet with the latest round of property price hikes in July delivering a jump of 1.6% nationally. Canberra (2.6%), Sydney (2%), Brisbane (2%), Hobart (1.7%), Adelaide (1.7%), Darwin (1.7%) Melbourne (1.3%) and Perth (0.3%) all posted gains. Looking back over the last 12 months, prices are up 16.1% across the capitals – the fastest rate of annual growth in nearly 17 years. And demand for housing outside the capitals remains strong, with the regional market jumping by 14.5%. But according to CoreLogic, the market is slowing because of housing affordability issues and the recent COVID lockdowns. And while analysts expect prices to rise by 20% this year, it’s expected to slow to around 7% next year. Hold on to your avocados…