The Perth and Darwin markets are yet to record any signs of a "material reversal" in housing prices, Mr Lawless said.
"A comparatively healthy level of housing affordability, along with tight labour markets and relatively strong economic conditions, have helped to insulate these cities from the downturn so far."When will the RBA board meet next?Tuesday, December 6Interest rates affect how much people can borrow, which in turn
CoreLogic says there is a "good chance" Australian interest rates will peak in the first half of 2023, if not in the first quarter.
Stagnant wages, record high housing…sure it’s going up 100% next month. I can only think the journalist has a big new mortgage and is hoping.
Lol interest rates will get to double figures.
10-15% is what was predicted
A recovery. From record high prices…ooookaaayyyy
Prices still too high for a lot of first home buyers.
I really couldn't say. Love to chat but I'm off to the 'mueseum'.
So funny. For 20 years the media had been trying to predict the end of the housing boom. Now we are there they write about predicting the end of the decline!
Not really. It is the lack of buyers. There is lots of unsold stock passing in.