Latest NewsBrace for a Housing Price-rise Flare upMonday, 10 October 2016

Tony Richards, head of economic analysis at the Reserve Bank of Australia, has warned of a possible new price boom in the residential real estate sector. He noted the unwelcome social side-effects of such a trend, and called on state governments to make more development land available. Experts forecast the central bank to soon increase official interest rates, and the fixed-rate mortgage loan products of major banks are already becoming more expensive as a result.


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