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Real Estate Briefing - Categorized | Asia Pacific, Finance, Market Moves more

Breathing life into Aussie property

Posted on 24 November 2011

With the ability to now get three-year fixed-rate home loans for 5.99 per cent, and 6.39 per cent variable-rate loans, there is understandably excitement brewing about the prospect of a recovery in the Australian housing market.
If the financial markets are right, and the RBA cuts rates another six to seven times by the middle of next year, we will get a very healthy rebound indeed. But in terms of actual near-term data flows, don’t expect too much, too soon………………………………………..Full Article: Source


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