This month in Ray White Now, we explore some of the reasons why so many of our customers are selling in the current market, and we detail who the main winners are from a slowing market. It isn’t just first home buyers that like more stable conditions.
We also provide details on the markets being watched closely, including some that have been top performers, and some that haven’t benefited at all from the boom time conditions we’ve seen over the past two years. Click to read the full report here – Ray White Now – Real Time Market Insights
The Reserve Bank has left the cash rate unchanged, choosing to wait for further evidence on whether the interest rate increases already delivered are bringing inflation under control. Annual inflation eased from 4.0 per cent in May to 3.8 per cent in June, while prices fell by 0.1 per cent over the month. However, much … […]
Higher interest rates are meant to bring inflation down. They also make new housing more expensive to build. The two largest policy forces acting on housing right now are pulling against each other. Importantly, established house prices are not included in the CPI. Housing inflation is instead driven by costs including rents, new dwelling construction … […]