Interest rates on hold: what does it mean for the property market?
It seems that interest rates could stay lower for longer, which is good news for the property market, mortgage holders in particular. But the outlook is less certain for first-home buyers.
Low inflation data suggests interest rates likely to remain low: REIA
Inflation rose 0.2 per cent in the June quarter, making an annual increase of 1.9 per cent, suggesting that interest rates will remain low for some time, says Malcom Gunning, president of the REIA.
Australia 20th on Knight Frank Global House Price Index
Australia has risen 17 places to 20th on Knight Frank's Global House Price Index, which measures mainstream residential property markets around the world.
