Your search results

Monetary policy remains conducive to house price growth, but headwinds could be on the horizon

Posted by admin on October 5, 2021
0

Today the RBA maintained its current monetary policy settings, with the cash rate target remaining at 0.1%, and the interest rate on exchange settlement balances at 0.0%. Likewise there was no change to the rate of government securities purchases with purchases expected to continue at $4 billion per week until at least mid-February of next year.

The low cash rate target has induced a continued decline in typical mortgage rates, supporting an increase in residential real estate values of 20.3% in the 12 months to September.

WORK WITH US

Brendan Bowie has specialised in property sales, marketing, and leasing for more than 20 years. As a City of Belmont resident with a great knowledge of the local area, Brendan’s strategic and innovative property marketing approach, coupled with a strong networking focus, consistently yields quality outcomes for his clients.

[instagram-feed num=6 cols=6 showbutton=false showfollow=false]

Compare Listings