Good news for homebuyers and renters in latest CPI figures
Australia’s consumer price index update, released on Wednesday, has exceeded economists forecasts, rising by a solid 0.5 per cent in the December 2018 quarter.
Latest CPI figures spells "good news for home buyers and renters" says industry body
The Real Estate Institute of Australia (REIA) says the latest CPI figures brings good news for renters and home buyers, as interest rates remain stable.
The June 2018 quarter CPI figures released by the Australian Bureau of Statistics (ABS) yesterday holds good news for renters, says the Real Estate Institute of Australia (REIA).
Rates on hold, but housing affordability remains 'hotly debated'
The Reserve Bank has left interest rates at historic lows as economic conditions improve, but the property industry says other measures are required to improve housing affordability.
OECD says Australia must lift interest rates to cool housing market
Australians may face higher interest rates next year, as the The Organisation for Economic Cooperation and Development warns of the need to "unwind tensions" in the housing market.