After the intense crazy year, record-low borrowing costs and government efforts to stimulate the economy, the Australian housing market finished 2020 on a high and is primed for further growth in 2021.
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Open home attendance data reveals how quickly buyers respond to policy changes. The week following the RBA’s rate decision saw attendance decline nationally, though the depth of softening varies significantly by market. Understanding how buyers respond to interest rate changes requires more than watching price movements alone. While price data … Read more