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Slowing Momentum: Australia's Housing Market Correction Looms
Recent data from CoreLogic’s daily dwelling values index indicates a significant slowdown in house price momentum in Sydney and Melbourne since the Reserve Bank of Australia’s (RBA) Melbourne Cup Day rate hike. This decline in value growth has also impacted the 5-city aggregate level. Along with this change, November saw final clearance rates drop drastically in both cities. An increase...
Melbourne-and-Sydney-price-growth-drop-in-December
Shifting Housing Market: Melbourne Decline & Sydney's Slowed Growth
Recent data from CoreLogic indicates a slight shift in the housing market, with Melbourne experiencing a 0.1% decrease in house prices so far in November. Early in the month, prices had unexpectedly risen by 0.5%, sparked by the Reserve Bank of Australia’s (RBA) 0.25% rate increase on Melbourne Cup Day. On the other hand, Sydney’s housing market has also experienced slowed growth, with...
Screenshot 2024-05-15 at 09.39
RBA Maintains Cash Rate at 4.35% Amid Inflation Concerns
Board’s Cash rate decision The Reserve Bank of Australia’s Board decided to keep the cash rate target and interest rate on Exchange Settlement balances unchanged at 4.35% and 4.25%, respectively. The decision comes after a 25 basis points increase in interest rates last month, which was put in place to address concerns over the slower-than-expected progress in returning inflation to the...

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В наших бесплатных слот-автоматах нельзя выиграть реальные деньги или товары и услуги. Виртуальную валюту,...
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