RBA rate rises: Millennials balance falling prices and rising rates - The Australian Financial Review


7/4/2022 12:00:00 AM2 years 10 months ago
by Jennifer Hewett

Australia is back to the property market guessing game. How much will house prices fall as interest rates rise? And what does that mean for the economy and a new generation of property owners with massive mortgages?

The auction clearance rate last weekend fell to its lowest level since April 2020. That was when COVID panic was paralysing a country in indefinite lockdown and closed off from the world. Yet common … [+4377 chars]

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