Why now might be the time to invest in real estate – The Australian Financial Review
Consensus expectations focused on much larger price cuts, ranging between 10% and 30% nationally.
The resilient performance of the local housing market correlates with what is happening abroad. On the back of cheap money, house prices have climbed in recent months in the US, UK and Canada, and are stagnant in New Zealand.
With term deposit rates below 1 percent and mortgage rates just 2.5…
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