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Update on the impact of further rate rises on house prices in Queensland?

Update on the impact of further rate rises on house prices in Queensland?

Forecast Interest RateOn 7 February 2023, the Reserve Bank of Australia (RBA) delivered a 9th consecutive interest rate rise to 3.35%. The headline consumer price inflation was 7.8% over 2022. In its February 2023 Statement of Monetary Policy the RBA indicated that...
Interest Rate Rises – What does it mean for house prices in Queensland?

Interest Rate Rises – What does it mean for house prices in Queensland?

Mr Lowe from The Reserve Bank of Australia (RBA) said that property prices in Australia went up by 25% over the past 2 years. He said “It would not surprise me — and this is not a forecast — it would not surprise me if prices came down by a cumulative 10 per...

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  • Interest Rate Rises – What does it mean for house prices in Queensland?

 

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