Property: 2023's big house price falls will set up test for RBA
ANZ says house prices will fall another 11 per cent next year as rate rises put pressure on a significant chunk of the mortgage market.
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ANZ says house prices will fall another 11 per cent next year as rate rises put pressure on a significant chunk of the mortgage market.
There’s a growing chorus of economists who think it might be time to pause and let the economic effects of previous rises sink in.
We’re living in strange times where good news on the economy isn’t great news for those with home loans and anyone wanting the stock market to start rising convincingly.
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Property sellers are panicking, with scary rate rise talk and price fall predictions prompting them to withdraw properties. Are they overreacting?