All chained up

With the national residential property market flat-lined industry pundits are seeking signs of direction. Tony Sherlock’s (Morningstar) comments regarding interest rates point to a common thread “there is scope for further softness in residential, the bigger question is how long it will last, particularly given the RBA’s reluctance to cut rates with inflation and unemployment both apparently in check.” So are interest rate directions the primary driver of buyer sentiment, or partial excuses? More…

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