THE RESERVE Bank of Australia has kept interest rates unchanged for the start of the spring selling season but looks likely to deliver a cut by the end of the year, according to Australia’s leading real estate network LJ Hooker.
SYDNEY and Melbourne property prices are likely to be monitored closely following the Reserve Bank of Australia’s decision today to keep interest rates unchanged, according to the nation’s leading real estate network LJ Hooker.
LJ Hooker CEO, Grant Harrod, said while a rate cut would benefit other capital cities such as Perth, Adelaide, Hobart and Darwin, changes to investor lending could help to cool down east coast prices.
The changing buying habits of today's youth
The LJ Hooker Youth white paper focuses on the innovative, non-traditional, ways in which first home buyers and the youth of today are overcoming a growing list of issues to secure their piece of the Australian dream.
Leading real estate network LJ Hooker has addressed the changing research behaviours of consumers by launching a new app which places the details of all residential properties at users’ fingertips.
LJ Hooker today welcomed the Reserve Bank of Australia’s announcement to cut interest rates today to historic new low levels, saying it is the right decision for the nation.
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