Aussie housing buyer demand falls off cliff - MacroBusiness
5/8/2022 12:00:00 AM2 years 11 months ago
by Unconventional Economist
by Unconventional Economist
The Australian housing market continues to deflate following the Reserve Bank of Australia’s (RBA) decision last week to hike interest rates by 0.25%. As noted this morning, the preliminary auction clearance rate hit its lowest level of the year this weekend,…
The Australian housing market continues to deflate following the Reserve Bank of Australia’s (RBA) decision last week to hike interest rates by 0.25%. As noted this morning, the preliminary auction … [+2460 chars]
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