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31 March 2023

Home owners reluctant to list their property for sale

The number of properties listed for sale has increased, although this is due to less new listings coming onto the market than existing listings taking longer to sell. SQM Research has reported that 231,039 properties across Australia were listed for sale in February, which was 7.7% higher than the year before. Significantly, though, the number …

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RBA “closer to the point” where it will stop hiking rates

Reserve Bank of Australia (RBA) governor Philip Lowe has hinted that with monetary policy now in “restrictive territory”, interest rates may be near their peak. In a speech delivered the day after the RBA raised the cash rate for the 10th consecutive time, Governor Lowe said the RBA Board was closely monitoring the effect of …

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