Please click the link below to view Shane Oliver's views on the current state of the Australian housing market.

Key points are ;

• The Australian housing sector is doing it's part in helping the economy rebalance as mining investment slows
• Thanks largely to a persistent undersupply of new homes, Australian housing remains overvalued.  Negative gearing, foreign and SMSF buying are just a sideshow to the supply shortage.
• The home buyer market is still not seeing the bubble conditions of a decade ago, but the market is too hot in parts and the risks have grown.
• The medium term return outlook for residential property is likely to be very constrained.