‘Dagger in the heart’ of house prices - news.com.au

7/16/2022 12:00:00 AM2 years 9 months ago

<p>Earlier this month, the Reserve Bank of Australia (RBA) thrust a dagger into the heart of mortgage holders when it lifted the cash rate by another 0.5 per cent – the third consecutive monthly increase.</p>

If the Reserve Bank continues lifting the cash rate, Sydney and Melbourne are staring at their biggest house price corrections in living memory.Earlier this month, the Reserve Bank of Australia (RBA)… [+3907 chars]

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‘Dagger in the heart’ of house prices - news.com.au

<p>Earlier this month, the Reserve Bank of Australia (RBA) thrust a dagger into the heart of mortgage holders when it lifted the cash rate by another 0.5 per cent &ndash; the third consecutive monthly increase.</p>

<p>Earlier this month, the Reserve Bank of Australia (RBA) thrust a dagger into the heart of mortgage holders when it lifted the cash rate by another 0.5 per cent – the third consecutive monthly increase.</p>