The Reserve Bank has predictably decided to leave official interest rates steady at 2 per cent over March – now the 10th consecutive month with rates on hold at this level.
Low interest rates, however, continue to activate housing markets with Sydney and Melbourne starting the year off strongly following last year’s fade-outs. Other capital city markets generally are also performing solidly so far this year.
Official interest rates will remain in hold over March although the outlook remains fluid with a cut still on the cards, particularly given the prospect of a relatively tough upcoming federal budget and looming significant changes to national taxation policy.
The team at Ray White Lidcombe has successfully achieved another street record on Saturday 18th May 2024, selling 57 Delhi Street Lidcombe under the hammer for $2,000,000 (cracking the last street record set by the team selling 9 Delhi Street Lidcombe for $1,980,000 in July 2022). Set on a 486sqm … Read more
The highly anticipated Rate My Agent Agent of the Year Awards are the only one of their kind in the industry and based on customer satisfaction. To win means to have secured the highest satisfaction rating across the country – celebrating and recognising real estate agents and agencies that … Read more