Falling prices not enough to make housing more affordable: Moody’s - Sydney Morning Herald
6/19/2022 12:00:00 AM2 years 10 months ago
by Shane Wright
by Shane Wright
Higher interest rates will make housing less affordable across Australia even as prices fall, leading ratings agency Moody’s has warned.
Based on our assessment of different housing price and interest rate scenarios, we expect that prices will not decline to the extent that housing affordability improves while interest rates are risin… [+2328 chars]
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