BREAKING: The Reserve Bank of Australia has announced an increase of the cash rate target to 3.35 per cent. While this is unlikely to be the final rate rise, it’s likely that the increases will stop soon as inflation comes down. Will rate rises end soon?
Hear from Ray White Chief Economist Nerida Conisbee 👉Read Full Article
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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