Rates on knife edge: Big bank’s shock inflation call
A major Aussie bank has issued a shock inflation call that could trigger a February rate hike and send mortgage repayments soaring – even as economists remain bitterly divided. Click here to view:
Home values have remained resilient to higher interest rates this year, and this continued in November with prices continuing to lift and hitting fresh record highs in many markets, although the pace of growth has slowed due to the increase in properties coming to market.
Earlier this year national home prices reclaimed 2022’s price falls in their entirety, with the upswing continuing in November as national home prices climbed 0.22% month-on-month to set another fresh record, bringing them up 5.53% so far this year and 1.29% above their previous peak recorded in March 2022.
A major Aussie bank has issued a shock inflation call that could trigger a February rate hike and send mortgage repayments soaring – even as economists remain bitterly divided. Click here to view:
A trend that has gained traction in the past two years is turning the family home into a rental, either temporarily or long-term. Click here to view: