Truth And Lies About The Property Market

The Australian Property appears to be at an inflection point, with prices in Melbourne and Sydney at an aggregate level stalling, and growth easing elsewhere, as the impact of higher interest rates and degraded affordability hit home. In addition, the negative news from the Gulf, and the wider potential economic fallout, as well as stalling income growth for many are impacting households, many of whom are now on the sidelines. With one interest rate increase already this year, along with the more hawkish tone adopted by the Reserve Bank – mostly recently by RBA governor Michele Bullock at The Australian […]