REA Group Economist Paul Ryan says home price growth slowing to a 12-month low is partly due to “faster than expected” interest rate expectations later in the year.
Mr Ryan said there is a lot of “uncertainty” over how quickly interest rates will rise later in the year. “On one side you’ve got the market who I think are pricing the cash rate at the end of the year will be at 2.5 per cent and then you’ve got major bank forecasters who are saying something around 1 or 1.25 per cent at the end of the year,” Mr Ryan told Sky News Australia.
“That makes a big difference for mortgage holders and for potential buyers so I think that uncertainty is already something that’s weighing on the market and I think that’s part of the reason we are seeing price growth slow so much.”
Inflation Rate rise ScottMorrisonMP has really stuffed up the economy LNPMassiveFail Insiders
It’s not comforting but the sour truth is that housing prices will not go down.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Atlassian tumbles as earnings spook jittery marketShares in Aussie software giant Atlassian have tumbled 6 per cent in after-market trading after it announced it had swung to a loss in its third quarter. Atlassian hasn't made a profit since 2016... the thieves
Sumber: FinancialReview - 🏆 2. / 90 Baca lebih lajut »
Atlassian tumbles as earnings spook jittery marketShares in Aussie software giant Atlassian have tumbled 16 per cent in after-market trading after it announced it had swung to a loss in its third quarter. Are you sure it's the earnings or its because Atlassian was down for weeks? so much for a startup unicorn
Sumber: FinancialReview - 🏆 2. / 90 Baca lebih lajut »
Fears World Heritage bid in jeopardy as historic mining town church hits the marketThe Moonta Mines Uniting Church was built in 1865 by members of the Baptist community who had migrated from Cornwall to mine copper. It's a history the locals are keen to preserve.
Sumber: abcnews - 🏆 5. / 83 Baca lebih lajut »
Interest rates could be a game-changer in Sydney's property market | 7NEWSWith the Reserve Bank under pressure to raise interest rates, any decision is set to be a game-changer in Sydney's property market. It could offer a rare opportunity for first home buyers to crack the market. sydre 7NEWS They wish they could raise rates!
Sumber: 7NewsSydney - 🏆 16. / 63 Baca lebih lajut »
'Blown away by the growth': More than 1 million people flock to Sydney's Ramadan Nights food marketDuring the holy month, Haldon Street at dusk is a sight to behold. The Ramadan Nights festival has transformed the strip in Lakemba, in Sydney's south-west. As a gay man, I wouldn’t feel safe there. Over 30 days 😂 1 million people flock to the festival it's like saying catching public transport is special. Just keep jamming them in! It’s a wonder they didn’t have another shooting there
Sumber: abcnews - 🏆 5. / 83 Baca lebih lajut »