As interest rates fall, could Australia be facing another house price boom? | James Graham for the Conversation

How might the RBA’s actions affect the property market? Research offers some clues

With the Reserve Bank easing monetary policy, interest rates are on the way down.

Already this year mortgage pre-approvals have begun to rise, suggesting that many aspiring homebuyers are excited by the prospect of cheaper home loans.

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​How might the RBA’s actions affect the property market? Research offers some cluesWith the Reserve Bank easing monetary policy, interest rates are on the way down.Already this year mortgage pre-approvals have begun to rise, suggesting that many aspiring homebuyers are excited by the prospect of cheaper home loans. Continue reading… Housing, Interest rates, Australia news, Banking, Reserve Bank of Australia, Australian economy Business | The Guardian

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