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Interest Rate Drop Projections

When can Australians expect interest rates to decline? While we can’t predict the RBA’s actions with certainty, experts are weighing in on the possibility of interest rates decreasing in 2024. Let’s delve into what the major financial institutions are forecasting.

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October Market Update

This month, RBA governor Michele Bullock kept the cash rate on hold while taking the helm for the first time.

Meanwhile, the demand/supply imbalance continues to push property values higher in many markets.

If you’re looking to buy this spring, it’s important to have your pre-approval in place, so that you can pounce on the right property when it comes your way. Talk to us today.

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September Market Update

This month, we saw a third consecutive pause in the cash rate by the Reserve Bank of Australia (RBA) – welcome news for mortgage holders.

If you’re looking to buy this spring, talk to us about finance pre-approval today.

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August Market Update

Spring is just around the corner and that means the busiest period for the real estate industry is almost here.

So, what’s been happening in the property world of late?

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Getting Ready for a Blossoming Spring Property Purchase

Spring is usually a busy time of year for buyers AND sellers and with property prices still on the rise in many markets, despite the Reserve Bank of Australia’s aggressive interest rate hikes since May 2022. Property prices rose 0.7 per cent in July – the fifth straight month of gains.

Listings are also on the rise but remain below 2022 levels. If you’re a prospective buyer, you’ll need to be ready to pounce when you find a bargain this spring. Check out our latest article here.

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