Home buying intentions plummet 21.5pc as rates rise - The Australian Financial Review
5/10/2022 12:00:00 AM2 years 11 months ago
by Nila Sweeney
by Nila Sweeney
House price declines are set to intensify as fewer home buyers plan to enter the market amid expectations of sharper and more frequent rate rises.
Shane Oliver, AMP Capital chief economist, said home buying intentions could fall further as interest rates and cost-of-living pressures escalated. I think the drop in home buyer demand has further … [+2747 chars]
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