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Australian Housing Set for First Rebound During Tightening

(Bloomberg) Australian house prices are poised for an annual rebound during a policy tightening campaign for the first time since at least the early 1990s, when the Reserve Bank began inflation targeting and entered the modern era.Most Read from BloombergHundreds Dead at Gaza Hospital as Israel, Hamas Trade BlameIsrael Latest: Biden ‘Deeply Saddened’ Over Hospital BlastTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?Putin Arriv

Australia s House Prices Set for First Rebound During Rate Hikes

Australia s House Prices Set for First Rebound During Rate Hikes
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House prices poised to rise this year, and in 2024: Bloomberg survey

Australian property prices could climb as much as 7.7 per cent this year, a survey shows, and then advance a further 4.5 per cent next year.

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