Buyers flee “dire” Australian housing market - MacroBusiness
5/5/2022 12:00:00 AM3 yearsago
by Unconventional Economist
by Unconventional Economist
The steam had well and truly come out of Australia’s housing market before the Reserve Bank of Australia (RBA) commenced its monetary tightening on Tuesday. While variable mortgage rates had yet to rise, fixed rates – which comprised around half of all borrow…
The steam had well and truly come out of Australia’s housing market before the Reserve Bank of Australia (RBA) commenced its monetary tightening on Tuesday. While variable mortgage rates had yet to … [+3053 chars]
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