Australia
8 hours agoREA Group Senior Economist Paul Ryan says there’s a “huge amount of resilience” to the higher interest rate environment.Price growth in the property market is expected to remain robust even if the RBA lifts the cash rate in December or February. “Those are the signals that we’re seeing,” Mr Ryan told Sky News Business Reporter Edward Boyd. “Both in auction clearance rates, recent price growth, the amount of demand in the market. “We’re seeing, really, a huge amount of resilience to that higher interest rate environment – hopefully that continues into next year.” In partnership with realestate.com.au
REA Group Senior Economist Paul Ryan says there’s a “huge amount of resilience” to the higher interest rate environment.
Price growth in the property market is expected to remain robust even if the RBA lifts the cash rate in December or February.
“Those are the signals that we’re seeing,” Mr Ryan told Sky News Business Reporter Edward Boyd.
“Both in auction clearance rates, recent price growth, the amount of demand in the market.
“We’re seeing, really, a huge amount of resilience to that higher interest rate environment – hopefully that continues into next year.”
In partnership with realestate.com.au
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