National Australia Bank is the first of the big four banks to raise owner-occupier home-loan rates, lifting the rate by 7 basis points to 5.32 per cent.
Strong returns are driving increases in property investment, not negative gearing, says Malcolm Gunning, president of the REIA.
Nicholas Smedley is the managing director of Steller, a Melbourne-based property development firm that specialises in apartments for families.
The housing market is stable, says REIA.
Tighter investor lending rules could constrain property exuberance in 2016.
Lenders are offering sweeteners on owner-occupier loans.
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