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capital city prices

Economist warns rate rise ‘all but certain’

National home prices have fallen for the eighth consecutive month, largely due to rising interest rates, according to the latest data from PropTrack.A 0.16 per cent drop was recorded nationally in November, with capital city prices now 3.09…

RBA warns property prices to plunge 20%

The Reserve Bank of Australia (RBA) predicts that property prices will plunge by a whopping 20 per cent thanks to back-to-back interest rate rises. By 2024, house and unit values are expected to lose a fifth of their value – all but wiping…