The big banks offered a consensus estimate that capital city house prices would rise by 5.7 percent in 2024. With a rush of negative data since the year began, this week we interrogate those bullish forecasts and see if they can be taken seriously.

In today's show, we cover:

• Will gloomy consumers drag property prices lower?
• NSW leads the investor rebound 
• Why one in three immigrants head to Melbourne 
• The outlook for rental yields 

Eliza Owen of the CoreLogic research group joins Wealth Editor James Kirby in this episode