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Australia home prices likely to rise 5.0% this year and next: Reuters poll

Property analysts continue to forecast a 5.0% rise in Australian home prices in 2024, a Reuters poll showed, brushing off central bank comments since the last poll three months ago that leave open the possibility of an interest rate hike before year-end. After a 25% surge during the pandemic, average house prices tumbled 9% from their peak but clawed back almost all of that last year even though the Reserve Bank of Australia hiked the cash rate to a 12-year high of 4.35%. Since the 2008 financ...
Johnathan Mcmenamin Ross Finley Veronica Khongwir Christopher Cushing Devayani Sathyan Reserve Bank
Source: yahoo.com

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Magnitude 5.8 earthquake strikes China's Xinjiang region | HOT 96 | Today's Hit Music

(Reuters) - A 5.8-magnitude struck Akqi County in China's northwestern Xinjiang region at 12:14 p.m. (0414 GMT) on Sunday, the China Earthquake Networks Center (CENC) said. The quake was at a depth of 11 km (6.84 miles), CENC said. No casualties or...
Ella Cao Siyi Liu Christopher Cushing Anirudh Saligrama China Earthquake Networks Center Akqi County
Source: hot96.com

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